President Obama on Wednesday urged Congress to make it easier for homeowners to refinance their mortgages at lower interest rates even if they owe more than the value of their home.
Duration : 0:2:36
President Obama on Wednesday urged Congress to make it easier for homeowners to refinance their mortgages at lower interest rates even if they owe more than the value of their home.
Duration : 0:2:36
Shrinking inventory and all-time low mortgage rates could help turn the housing market around. CBS News MoneyWatch senior editor-at-large Jill Schlesinger reports.
Duration : 0:2:13
Jan. 20 (Bloomberg) — Steven Blitz, an economist at ITG Investment Research, Daniel Alpert, managing director at Westwood Capital LLC, and Stephen Wood, chief market strategist at Russell Investments, talk about the U.S. housing market, increased lending standards at banks and the European sovereign debt crisis.
They speak with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)
Duration : 0:15:50
Mortgage Broker, Yamila Ayad, shares her views on the San Diego housing crisis and how easy it used to be to get a home loan and how difficult it can be today.
Duration : 0:5:30
Today Show (Nine Network – Australia) segment, aired on the 25/8/2008 covering Australian builder Living Green Designer Homes and their world first in carbon neutral low cost housing. Living Green Designer Homes Craig Riddle is interviewed and discusses his revolutionary new Mortgage Free series, a unique, environmentally friendly and ultra low cost modular housing system. He discusses that the homes are designed to expand as your needs and budget change. As well as being environmentally responsible when you consider global warming, their affordability makes them ideal for parents to buy as 18th or 21st birthday gifts for children and teenagers or for use in the tourism sector. Living Green Designer Homes is based on the Central Coast NSW Australia, but welcomes enquiries from around the world on enquiries@livinggreendesignerhomes.com.au.
Duration : 0:2:53
60 Minutes, CBS News, 4-3-2011
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Duration : 0:13:50
How You Can Avoid Foreclosure Scams. Please visit MakingHomeAffordable.gov
Duration : 0:5:15
Sub-prime mortgages were supposed to put an end to segregated neighbourhoods by allowing affordable housing to more people. But a new study shows that better access to mortgages leads to more – not less – racial segregation.
Duration : 0:6:40
The U. S. subprime mortgage crisis was one of the first indicators of the late-2000s financial crisis, characterized by a rise in subprime mortgage delinquencies and foreclosures, and the resulting decline of securities backed by said mortgages. The ratio of lower-quality subprime mortgages originated rose from the historical 8% or lower range to approximately 20% from 2004-2006, with much higher ratios in some parts of the U. S. A high percentage of these subprime mortgages, over 90% in 2006 for example, were adjustable-rate mortgages. These two changes were part of a broader trend of lowered lending standards and higher-risk mortgage products. Further, U. S. households had become increasingly indebted, with the ratio of debt to disposable personal income rising from 77% in 1990 to 127% at the end of 2007, much of this increase mortgage-related.
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Duration : 0:2:11
Plenty of companies are eager to exploit the uncertain economy and housing market by trying to separate property owners from their money, consumer columnist David Lazarus says. Here’s what to watch out for: http://lat.ms/vyed8L
Duration : 0:1:27