What Would a U.S. Government Default Feel Like For an Average American

What Would a U.S. Government Default Feel Like For an Average American
A compromise between the budget proposals being batted around by President Obama and House Speaker John Boehner will, hopefully, be reached before the federal government defaults on any debt. But what if the August 2 deadline to raise the debt ceiling comes and goes [...]

Rate cut would be ‘helpful’ to economy – Key

Rate cut would be ‘helpful’ to economy – Key
Prime Minister John Key has said a cut this week to the Official Cash Rate would be “helpful” to the economy.
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Mortgage reform would have squeezed out 4m borrowers, say lenders

Mortgage reform would have squeezed out 4m borrowers, say lenders
Council of Mortgage Lenders argues plans to clamp down on risky home loans will affect ‘good’ housebuyers More than four million Britons would have been denied mortgages in the run-up to the financial crisis if the Financial Services Authority’s proposals to toughen up the lending industry [...]

Why would the failure (or need for government support) by Fannie or Freddie cause mortgage rates to rise?

How does that correlation work?
How do mortgage rates respond to the circumstances of Fannie and Freddie?

How would I determine if it is better to pay off my mortgage, or keep it and claim the deduction? Calculator?

Is there a calculator for this on the net?

I would like a reverse mortgage, but recently the city rezoned our property to commercIaL?

I would like a reverse mortgage, but recently the city rezoned our property to commercIaL, It has been our home for over 35 yrs and never been used commercIally, How can I get the mortgage! Thanks, Richard

How would I calculate my mortgage payment using only a calculator? Is there a formula?

for example, 30 year fixed monthly payment?
How would I calculate it?
I need a formula.
using a cheap $5 dollar calculator with no financial functions.

Would it make sense to buy a house when mortgage rates are 14% and expected inflation is 15%?

Would it make sense to buy a house when mortgage rates are 14% and expected inflation is 15%?

I want to refinance my mortgage but it’s owner financed. Is that a problem? How would I start the process?

I want to refinance but I have an owner financed mortgage. Can I it refinanced?

Why would we be turned down for a credit card when we just passed a credit check for a mortgage refinance?

The same week my husband looked into a balance transfer credit card I started an application for a mortgage refinance to get rid of some credit card debt. My husband was turned down for the credit card now he is worried about the mortgage finance. We have had our mortgage with the [...]