How Porkulus will affect Indiana Mortgage Rates
The American Recovery and Reinvestment Act of 2009(Porkulus) was signed into law Tuesday in Denver, Colorado(for a bill that President Obama said we needed why did he wait 3 days to sign it). Tuesday, however, the stock markets fell near their November 2008 lows. The two actions are related. (for every action there is a [...]
Too Many Homes and Low Rates = good news
For the first time in about a year, the sale of homes fell below 5-million units, this helps push the total home inventory just a bit higher by 0.1% nationwide. Believe it or not, but based on that rate it would take over 11 months for the existing home supply to be exhausted. For new [...]
How to Delete Charge-offs
How to: Delete Charge Offs Creditors typically write-off or charge-off debts that have had no payments on the account for more than 180 days, or six months. However, this does not mean the consumer is no longer responsible or accountable to the unpaid balance. A charge-off is an accounting procedure used for tax purposes by [...]
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