Americans Against the Obama Mortgage & Housing Bailout
The intention of this article is to gain momentum in proving that the mortgage and housing bailout being conducted by the Obama administration is wrong and against American Capitalistic beliefs. How can any individual who believes in capitalism conclude that bailing out financially irresponsible people is part of our society? Shouldn’t we let these individuals [...]
Will Obama’s Making Home Affordable Program Affect Mortgage Rates?
President Obama’s Making Home Affordable Program will attempt to assist homeowners refinance at a lower rate as well as decrease the number of foreclosures. President Obama and his administration have worked very hard to create this program and hope to put a bottom in the housing market. Overall, he has gained the attention of Americans [...]
Life Insurance Crisis: Could Your Policy Really Disappear?
Earlier this month we wrote about the possibility of a Life Insurance Crisis and it seems to be getting closer to a harsh reality. A clear depiction of this is the stock charts of Hartford Financial, Lincoln National and Principal Financial. Each of these life insurers are down over 70% year-to-date as shown on this [...]
Pay for Your OWN Mortgage
In a nation where very few people will take responsibility for their wrongdoings, maybe it is time we start. For those of you who have been financially responsible and have worked hard to develop your human capital, this is not for you. This is directed to those who grew complacent in their occupation and did [...]
Obama’s Making Home Affordable Program WILL Help You Refinance
The home affordable refinance program will provide up to 5 million responsible homeowners the opportunity to refinance at lower mortgage rates. Mortgage rates are currently at historical lows but homeowners who currently owe more than 80% of their home’s value find it very difficult to refinance. Many responsible homeowners have seen the value of their [...]
Honk If You’re Paying My Mortgage Bumber Sticker
Honk If You’re Paying My Mortgage bumper stickers are available here. Over 4,000 have been sold in the first week! If You Think Mortgage Rates are Low Now, Wait Until You Read This First the Mortgage Crisis, Now the Life Insurance Crisis? Will the Obama Mortgage Plan Help Me Get a Lower Mortgage Rate?
Obama Mortgage Bailout Plan – 64% of Americans Feel it is Unfair
On Wednesday, March 5th, the Obama administration gave lenders the OK to start modifying home mortgages under the $75 billion Obama Mortgage Bailout Plan. The United States Treasury said borrowers would be required to prove hardship to the lenders. Such instances include job loss or reduction in income. Overall, President Obama feels that this will [...]
Will The Obama Mortgage Plan Help Me Get a Lower Mortgage Rate?
Beginning in early March, the Obama Mortgage Bailout Plan will start to affect mortgage rates. The question is, will we really see lenders funding mortgages at interest rates below 5.5%. There have been advertisements all over the internet and television claiming to offer refinancing rates at 5% and under, but very few home owners have [...]
Home Builders Stock Prices Plummet Due to Mortgage Crisis
Please use Subprime Blogger to get your daily mortgage rates. Knowing what current mortgage rates are could save you a lot of money when it comes to refinancing. To no surprise, home builders stock prices plummet due to the mortgage crisis. Prior to the mortgage crisis, many “market mavens” were suggesting to strongly buy home [...]
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