Home Value and Self-Esteem: Are We Only As Important As The Size Of Our Bank Balance? Everyone sounds beat up and deflated. Is it only because our home values have shrunk? Or, as our bank balances shrink are we also losing our self-esteem? How tied together are home values and our national and personal self-esteem? Please share your thoughts on the blog.
Clark Howard Show Notes - September 6, 2010 - Letting the Economy Fall, Unemployment and $50 Billion for Public Works. LAST 2 DAYS FOR 50% OFF DEAL FOR HOW TO PROFIT FROM FORECLOSURES 2010. Some economists are now suggesting that the government let the economy and housing market fall. While this would be a huge shock to the economy, with short-term and long-term repercussions, some economists feel this is the only way to form a bottom for the recession. Buy tickets now to our next event How to Profit from Foreclosures 2010. Also, make sure you check out the ebook deal and FREE book giveaway below. Finally, here's what I've been writing on the Equifax Personal Finance Blog and CBS MoneyWatch.com
Ilyce Glink Show- September 6, 2010- Unemployment and Public Works: Some economists are now suggesting that the government let the economy and housing market fall. While this would be a huge shock to the economy, with short-term and long-term repercussions, some economists feel this is the only way to form a bottom for the recession. Find out more at Ilyce's Blog or the Equifax Personal Finance Blog.
Due to the Georgia football schedule, the Ilyce Glink show will only run for one hour for the next three weeks. Then, the show expands to its regular two-hour format, from 12 to 2p through football season. In today's show, we talked about how dreadful the unemployment numbers were, Wall Street's outsized response to the unemployment numbers, why pending home sales jumped and whether we're heading toward a double-dip recession. Roubini thinks we are teetering right on the edge. Last few days for the 2for1 discount for our HOW TO PROFIT FROM FORECLOSURE event. Buy your tickets now. Discount ends Tuesday morning. FREE books and an ebook deal as well.
Clark Howard Show Notes - September 6, 2010 - Letting the Economy Fall, Unemployment and $50 Billion for Public Works. Some economists are now suggesting that the government let the economy and housing market fall. While this would be a huge shock to the economy, with short-term and long-term repercussions, some economists feel this is the only way to form a bottom for the recession. Get more information and links at Ilyce's Blog
You should refinance your mortgage if you can improve the terms of your loan -- cutting the length of the loan or reducing your payments. You can even refinance twice, now that the interest rates are so low, to improve your mortgage terms. Talk to your lender about what kind of terms you could get to refinance twice and improve the terms of your mortgage.
With the new tighter lending standards, a mortgage application can be turned down for many reasons. One of the reasons a mortgage application may be turned down is if there are a lot of developer owned units in the building or development you're interested in. Consult with your real estate agent and your mortgage lender to find out if developer owned units will result in your mortgage getting turned down.
The time to refinance is now. Mortgage interest rates dropped and it's time to refinance. How to refinance includes pulling credit history and credit score, checking personal finances and finding the right mortgage lender. Mortgage interest rates are at historic lows and it is time to refinance. Don't miss an opportunity to refinance with low mortgage interest rates. Is it the right time for you to refinance your mortgage?
New HAMP Rules allow for loan forgiveness for some homeowners who are underwater with their mortgage. Other homeowners, who are not struggling with their mortgage and don't need loan forgiveness, might not understand the new HAMP rules. It may seem like loan forgiveness is letting struggling homeowners get off easy, but the new HAMP rules and loan forgiveness is the most promising option to help the economy in the middle of a housing crisis.
It's The Economy, Stupid! President Obama finally declared an end to the Iraq war and promised to refocus on getting the economy revved up in the U.S. But where are we? The FDIC says more than 10 percent of banks are on the verge of failure. Americans are still losing their jobs in droves. This week, the unemployment claims slipped a little but were still at 472,000 for first-time unemployment claims. That signals a troubled economy. And yet, the stock market went up 254 points yesterday. It's a confusing mess and unfortunately leads to one conclusion - no one really knows what is going on.
