Where To Get A Great Deal On A Home
With high unemployment and foreclosure rates, it’s tough to look at the bright side of the economic downturn. But if you’re a glass-half-full type of person one silver lining is that there are some great deals on homes right now.According to US News and World Report, home prices plunged by 33 percent from the summer [...]
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Some States Racking Up Major Debt
Recent statistics show that states are racking up more debt. According to Moody’s Investors Service, state debt increased by 10.3% in 2009, reaching $460 billion. CNN Money says the average state debt per person reached $936. Previously in 2008 it was sitting at $865 per person.
CNN Money says that states will likely use bond markets [...]
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Unemployed? Consider These Search Tips
The national unemployment rate is sitting at 9.5%. That means it’s taking people longer to find a job– an average of 35 weeks. But making the competition for jobs even more fierce is the fact that there are more than five applicants for every job. According to the Bureau of Labor Statistics, 45% of people [...]
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Why You Should Care About America’s Growing Debt
The US national debt equals out to about $42,000 for each person and grows at a rate of more than $4 billion a day. With 14 digits and four commas, it’s a number almost too big to fathom. But a new report by CNNMoney gives us reasons to care about America’s growing debt. Not only [...]
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Foreclosures Plateau, Mortgage Interest Rates Fall
Mortgage interest rates for 30-year loans fell to their lowest point of the year, according to Freddie Mack and a report on MarketWatch. Mortgage interest rates are currently at 4.93% with an average .7 point. That’s down from 5% during the last period and 4.86% compared to a year ago. “The National Association of [...]
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