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December 12th, 2009

Let’s Wrap Up the Week

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Friday:

Walking Away from Your Mortgage: Emotion or Logic?“: Emotions such as guilt keep some home owners from walking away from their mortgage. However, logic is what drives some home owners to walk.

Thursday:

Update2 Loan Mods: Submit All Your Paperwork!“: The discussion surrounding this story is heating up. Did you know that, according to the White House, “More than twenty percent of homeowners have submitted no paperwork at all”?

Is Renting the New American Dream?“: Some underwater borrowers are swapping the American dream of home ownership for renting. But the way they’re going about it has many upset.

Wednesday:

Are You Spending Less This Holiday Season?”: One survey finds that consumers cut back more in 2008 than they will in 2009. Is that the case with you?

Tuesday:

‘Can the Jobs Summit Yield a Cost-Effective Solution?’…Guess Not“: President Obama’s proposals for easing unemployment are costly. Was there any other solution?

Time for Our Weekly Recap“: We were a little late with this one…but we had some really interesting stories last week, including “Loan Mods: Just Another Exotic Loan?“.

Monday:

Mortgage Rates Fell As Low As 4.83% Last Week“: The 30-year Conforming rate makes history once again!

Special Home Ownership Programs Exist for Specific Groups“: Are you a teacher, police officer, firefighter or EMT? If so, there are programs that can help you get a better deal on a home loan.

We’ll see you back here Monday!

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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