Tag Archives : Recession

Real Reasons of Subprime Meltdown

Real Reasons of Subprime Meltdown

Obtaining loans has been the key to any investment. Different methods are employed in giving loans. With the increasing strategies involved in giving loans made it easy to obtain it. However, with the passage of time it becomes more and more difficult to keep this system straightforward and easy.

Useful Tips for Recession Home Buyers

Useful Tips for Recession Home Buyers

Home buyers always have an edge during the downturn of housing market. However, it doesn’t mean that you can take blind decision during slow housing market. To make successful purchase you should take certain things into consideration.

Are You Thinking To Buy a New Home?

Are You Thinking To Buy a New Home?

When you look for house, affordability should be your priority, but you should be strong enough to understand that you will want to live in the chosen home for a period of ten-year minimums. If you don’t consider this, then you might end up with a home you cannot afford in a locality that you want to leave.

Renting House or Apartment instead of Purchasing

Renting House or Apartment instead of Purchasing

When you are thinking to own a home or an apartment and there is a slump is housing market, acquiring the home or apartment on rental basis is a viable option. Before you commit your lease agreement, compare at least three options and their ancillary benefits. Once you have analyzed all the possible options which fall under your range, then set your personal preferences. After that come your bargaining skills.

How To Save Your Home From Foreclosure?

How To Save Your Home From Foreclosure?

Many people are facing problems of foreclosure and it is because of recession problem and economic crisis. You can save your home if you work hard and try to save more money. Ask your friends and family members to help you out.

Bad Credit Financing – An option in Economic Downturn!

Bad Credit Financing – An option in Economic Downturn!

The economic downturn has its worst impact on the people’s pockets all around the world. The Americans are also not salt away from the hit to their credit score, brought by this economic recession.

Mortgage Numbers Double In A Year

Mortgage Numbers Double In A Year

Although the number of approved applications for new home mortgages has doubled this year, the experts still warn that there may be much more restricted lending in the next year.

Get out of debt: Credit Cards Indicate Recession is at Peak

Get out of debt: Credit Cards Indicate Recession is at Peak

Nowadays credit cards are being used more than ever. In spite of a 41% rise in credit card debt since 2000, today credit card use has increased while the retail sales have decreased. While few people pay with cash or debit cards, this could indicate that credit cards are being used for basic living expenses and other debts, as compared to…

© 2011 Loan Mortgage Credit!. All rights reserved.