Surging Real Estate Creates Opening for FAs
- Saturday, 23 March 2013
- Practice Management
A recent Wall Street Journal article, which cites CoreLogic data, reported that 21.5% of American homeowners were underwater at the end of the fourth quarter, compared to 25.2% at year-end 2011. The term ‘underwater’ refers to mortgages that have debt values exceeding home values. It can be difficult to refinance a mortgage that is underwater, as many lenders finance less than 80% of the value of a home, although HARP, or the Home Affordable Refinance Program, has helped address that problem with certain homeowners. Read more...
Most Read
-
-
Feb 21 2011
-
Written by Administrator
Add us to your Safe Sender list: We want to…
-
-
-
Nov 07 2012
-
Written by Administrator
Progressive Media Group Subscription Agreement This agreement states the general…
-
-
-
Dec 16 2013
-
Written by PLP Staff
The challenge of working with clients during a soaring bull…
-
-
-
Mar 09 2013
-
Written by Staff Writer
While market bulls are understandably cheering the ongoing equity rally…
-