// archives

Money

This category contains 1 post

5 reasons why falling home prices will be good for the economy – Higher homes values does not mean higher home equity, financial sector profits back up to 30 percent of all corporate profits, the mortgage debt equation.

A recent report shows that 11 million homeowners with a mortgage are underwater with a deep red line item on their household budget.  Add into the mix those with less than 5 percent equity and we realize that 28 percent of all “homeowners” are eit…

Twitter links powered by Tweet This v1.7.3, a WordPress plugin for Twitter.