Realty.com Blog
Homeowners Jittery on Oil Price’s Slight Boost
Posted January 7, 2009 by Kate Dickman
How gas prices on the rebound can affect the mortgage market
Yesterday, the U.S. crude dropped to $48.58 per barrel that became a source of minor relief for Americans. However, the feeling may not last too long as the past week already demonstrated price increases by cents. Monday’s price was at $48.81 as tighter supply puts pressure on the cost.…
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Are PMIs Low Income Earner Friendly?
Posted January 6, 2009 by Kate Dickman
The credit crisis sends fears among insurers.
For years, borrowers have relied on private mortgage insurers (PMI) to secure lower down payments for their home purchases. Lenders on the other hand are protected from losses out of defaults by guaranteeing payments not made by the borrower. These…
New Year, No Job, No Mortgage Payment
Posted January 5, 2009 by Kate Dickman
It’s becoming a common situation among the laid off in 2008.
For those who had to clear their office tables and start adjusting their monthly expenses after 6-figure salaries, the reality…
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About the Publisher
Andy Denton
COO, Realty.com
I have been in and around the real estate industry nearly all my life. I'm a licensed agent in NC, a civil engineer by trade, a construction veteran, and have been involved in the online real estate market since 1996.
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