So far, the government bailout we have spent staggering sums of money on has been a colossal failure. Unless, of course, you’re the CEO of a major financial institution.
Foreclosure rates are still soaring all across the United States, with more than 80,000 in September alone. Why? Because people can’t refinance their homes because of depressed [...]

Filed under: | 2 Comments »

A lot of people are trying to refinance their home loans these days to take advantage of lower interest rates, or perhaps to escape the uncertainty of the adjustable rate mortgage loan they currently have.
But many of these same people are also coming to an unfortunate conclusion — it’s hard to refinance a mortgage loan [...]

Filed under: | No Comments »