Read the Transcript: http://to.pbs.org/dhw6Ju
Home sales fell by 27 percent in July, the biggest monthly drop since 1968. The overall decline was recorded nationwide and comes in spite of home buying incentives such as low mortgage rates and bargain sale prices in many areas. Jim Lehrer talks to professor Susan Wachter at the University of Pennsylvania, about what the declining home sales mean for the economic recovery.
Duration : 0:8:8
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Duration : 0:1:38
Panel members discuss the future of subprime mortgages using Edward Gramlich’s book “Subprime Mortgages: America’s Latest Boom and Bust” as the point of conversation. Panelists debate the pitfalls of subprime lending, as well as possible solutions to problems such as increased foreclosure rates and the use of variable rates on loans instead of fixed annual percentage rates. Panelists include Edward Gramlich, Robert Reischauer, Craig Torres, Kurt Pfotenhauer, Michael Calhoun and Sandra Brauntein.
Duration : 0:10:19
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5491 Old Franklin Rd
Grand Blanc, MI 48439
Comfortable Colonial Has Had Some Updates And Is In Average Condition. The Lot Backs Up To Open Field. Basement Is Partially Finished. Fp In Family Room With Walkout To Patio. This Is A Fanniemae Homepath Property- Purchase For As Little As 3% Down With Homepath Renovation Mortgage. Please Provide Lender Approval With Offers. Lb To Hold Emd. Nice Home In A Great Location. Www.homepath.com
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Duration : 0:1:11
Explains beyond the fundamentals of reverse mortgages to explore a range of topics senior homeoners should consider when evaluating their retirement funding options. Three types of reverse mortgage borrowers are featured.
Duration : 0:6:47
Today, NAMB is issuing a call to action for all mortgage professionals to unite and join our force. We cant fight without you. So if you plan on staying in the industry and succeeding; we need your support through membership
Duration : 0:1:58
Mortgage Expert Craig Jarrell and Stan Humphries of Zillow.com on whether low mortgage rates will attract homebuyers.
Duration : 0:5:53
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Duration : 0:4:11
How does that correlation work?
How do mortgage rates respond to the circumstances of Fannie and Freddie?
There is a risk correlation. The more and bigger failures there are, the higher rates will go. The higher rates serve to help pay the off the bad debts from all the other bad loans.
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