Comments on: More Foreclosures Drag On Home Prices

By: josephzmccombs

josephzmccombs — Fri, 27 Apr 2012 06:46:24 +0000

If your main goal is to save on interest expenses, figure out how long it will take for your new interest savings to pay off the property appraisal, title insurance and other costs before you refinance. Check out the 123 Refinance free refi calculator.

By: steven

steven — Thu, 26 Apr 2012 23:34:19 +0000

Everyone wants a solution to the economic Abyss out nation is in. Sorry there’s no “magic bullet.”

By: BIG JIMMY

BIG JIMMY — Thu, 26 Apr 2012 21:47:47 +0000

If Romney is Bush then Obama is Carter on steroids! LOL!

By: geronimo smith

geronimo smith — Thu, 26 Apr 2012 20:29:06 +0000

LOL. Yeah the new (old, stale) “narrative” being sent by memo to all liberal organs — that Romney is Bush — just won’t cut it. Obama will have to defend his record of utter failure and black-hole debt. And, of course, he can’t. He can only try to divert and deflect. (And yeah, Obama is far more like Carter than Romney is like Bush.)

By: jambalaya

jambalaya — Thu, 26 Apr 2012 20:22:05 +0000

Why would we want home prices to go up?
Posted by: Librarian53
Thanks for confirming yet again that you’re not too bright.

By: JoeH

JoeH — Thu, 26 Apr 2012 20:14:06 +0000

All the “gimmicks” did was delay the market. Mitt’s correct, should’ve let market drive the price down, get it over with, then let the market bring it back. I’m not an expert but have done this. WRT “secrets of refi,” don’t trust it. Simply pick a credit union or regional bank, those guys who did NOT do sub-prime’s, go speak to a loan officer, he/she’ll tell you what you need to get a “fair” loan, and he/she won’t charge you a dime for the service. The key will be credit rating and “down.” You can shop rates in the local paper. Recommend NO BUSINESS with people that did do sub-primes.

By: Umm Yeah

Umm Yeah — Thu, 26 Apr 2012 18:04:13 +0000

Nobody has gone to jail for the housing crisis – and guess what – nothings changed. In fact now that the banks have settled with the government on the lawsuit for robosigning mortgages they have again begun to focus on foreclosing as fast as they can. With no jobs, loss of buying power, sinking home prices, rising fuel costs, more and more regulation forcing companies to off shorshore business, trillions in debt and no slow down in government spending, it’s no wonder the economy is not as good as the white house press would like us to believe. With all that going on would you buy a house? Would you hire people?

By: NoSpin1600

NoSpin1600 — Thu, 26 Apr 2012 17:43:04 +0000

@A Cynic — The down fall of being President, he is the scapegoat. Remember everything was Bush’s fault while he was President and for years afterwards… No it’s Obama’s turn in the barrel.

By: A Cynic

A Cynic — Thu, 26 Apr 2012 17:33:40 +0000

So how does Obama plan to help the slow economy????? ——— He has his EPA officials publicly stating that they must “crucify” oil companies Roman-style… Posted by: TheLoyalOpposition | April 26, 2012, 11:13 am.

Oh give me a freakin’ BREAK! You MORONS on the Right act as if Obama controls the government like a puppet master, manipulating every single person who works for federal government and directing them on every single thing they say or do. While at the same time calling him a dummy and incompetent. The GOParty of HATE is losing support because of idiots like you saying really really really STUPID things like this. So keep it up.

By: NoSpin1600

NoSpin1600 — Thu, 26 Apr 2012 17:33:33 +0000

“Home prices have been bogged down by a series of problems, from restrictive lending policies by banks” — Interest rates at an all time low, banks received billions of dollars in bailout money and yet still have restrictive lending policies????? What are our illustrious politicians in Washington doing about this.. seems like not a damn thing. I agree, don’t lend people money who can’t afford it but this does not mean don’t lend at all.