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The number of United States homeowners that owe more than their home is worth will likely double to 48% in 2011 from 26% at the conclusion of March. This would lead to another blow to the housing market. This is all according to Deutsche Bank.
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A report from Bloomberg said that defaults of credit cards in the United States rose by 11.49% in August. The number is up from the 10.52% it increased from the month of July. The percentage reflects complete write offs and not delinquencies that are still …

After the housing market collapsed, followed by the credit crunch, it became quite difficult for people to buy homes. However, now, while still tight, it is becoming easier (than a few months ago) to find a mortgage. So how do you know what to get …

Today’s featured e-book download is Know Before You Go… To Get a Mortgage (684 KB, 16 pg) – The purpose of this guide is to provide general mortgage information to consumers and to shed some light on the risks associated with today’s more complex mortgage …

Short sales are when a lender agrees to take less than the current value of a mortgage in order to avoid a long and drawn out foreclosure process. Short sales have really become popular in the last year as more and more Americans continue to …