In response to my blog post from last week, “Theodicy and mortgages,” Michael Hilmen writes about artificially high home prices.
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A reader named Cindy asks: “Are mortgage rates predicted to go down next week? What things should I be considering before going ahead?”
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I have an article up today — “Want to refinance? Know the details” — in which I describe the Home Affordable Refinance program as confusing.
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A note, sent yesterday, from a reader named Matthew.
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Mortgage rates have held fairly steady since the middle of last week.
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The drawback of the Obama administration’s foreclosure-relief plan is that it stresses reducing monthly payments over debt forgiveness, The New York Times opines in a July 4 editorial.
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The U.S. economy ditched a lot more jobs in June than observers had expected.
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Monday, I wrote a post suggesting that it would be better public policy if lenders would forgive mortgage debt more readily (and systematically) when modifying loans.
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Monday, I wrote a post suggesting that it would be better public policy if lenders would forgive mortgage debt more readily (and systematically) when modifying loans.
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This week, I’ve had a couple of posts about forgiveness of mortgage debt. I’m for it when it makes sense for the borrower and lender.
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