Blogiversity.org

Millions of people took advantage of the many adjustable-rate mortgage options offered a couple years ago. It seemed like a good idea at the time. Housing values were climbing, houses were being flipped at huge profits, and the low initial interest rates meant buyers could get into dream homes they couldn...

Most of the news coming out of the housing market is bad. Home values continue to tumble. The first quarter reports show a fourteen percent value loss over the past year. The national median home value is now the same as in 2005. There’s no doubt about it, it’s a buyer’s market. But, even though homeowners...