What's worrying to us is the fact that Trump doesn't seem to care about the stability of the U.S. housing market, or the fact that millions of people lost their
homes during the housing crash.
Due to the millions of mortgage loans that went
bad during the housing crash, big banks have become much more conservative in underwriting, which opens the door for nonbank lenders in the mortgage market.
In fact, per - owner spending fell from about 25 percent above the decade average in 2007 to about 10 percent below that level in 2011, Near the top of the list of causes for the decline in home improvement spending is the loss of home equity resulting from the unprecedented plunge in house
prices during the housing crash.
This was turned upside
down during the housing crash, and many indebted Americans put an emphasis in making their credit card payments and protecting their liquidated assets rather than their mortgage.
Using that benchmark, about 729,000 households that were foreclosed
on during the housing crash are now eligible to apply for an FHA mortgage — up from 285,000 a year ago, The Wall Street Journal reports.
He said many short
sales during the housing crash were done because people panicked, not because they really had to sell the home for less than what was owed on the mortgage.
Borrowers pay for that insurance through yearly premiums, which have risen to 1.35 percent of the loan balance, to make up for losses suffered when mortgages went
bad during the housing crash.
During the housing crash, all I remember about living in my home is the late night snuggling on the coach watching a favorite movie, potluck parties with friends, and BBQs on the deck.
My accounts (mostly index funds) dropped by near 50 %
during the housing crash.
HARP launched in 2009,
during the housing crash, for owners whose home values had plummeted far below what they owed on their mortgages.
What's worrying to us is the fact that Trump doesn't seem to care about the stability of the U.S. housing market, or the fact that millions of people lost their homes
during the housing crash.
The City of Stockton was hit hard
during the housing crash and saw 4 years of steady equity decline.
Four years later,
during the housing crash, with almost twice as many houses on the market, commissions rose to 5.38 percent.