U.S. Mortgage Crisis to get MUCH Worse in 2011
June 17, 2010 by Editor · Leave a Comment
The so-called U.S. news outlets are again talking about a “bottom” in the U.S. housing market – and trying to entice more victims to jump in. However, the reality is that mortgage statistics show that the collapse in the U.S. real estate market will continue to get worse until at least 2011. Words: 492
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Why Coming Option ARM Crisis Will Send Gold Higher – Much Higher!
June 4, 2010 by Editor · Leave a Comment
Just as 2007 and 2008 were the years of subprime woes, 2010 will go down as the year of Option Adjustable rate Mortgage (ARM) resets. This crisis is about to unleash a fury no one’s prepared for. It won’t be as bad as subprime, of course — it’ll be worse. Words: 557
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House Prices to Decline Further With Forthcoming Dramatic Increase in Foreclosures
May 15, 2010 by Editor · Leave a Comment
If you think home prices have hit bottom and are now headed back up for good, think again! Round two is about to begin. Words: 552
Ever Increasing Foreclosures Mean Low House Prices for Many More Years
April 20, 2010 by Editor · Leave a Comment
Anyone who sees a rising pool of millions of delinquent mortgages as the foundation of a recovery in housing valuations isn’t considering the feedback loop which is now firmly in place. The foreclosure pipeline will be full for years to come precluding any “recovery” in housing valuations as supply will swamp demand. Words: 385
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Payment Option ARM Resets to Explode with Devastating Consequences
January 19, 2010 by Editor · Leave a Comment
The next phase of the real estate disaster is upon us. It’s just shifted from subprime to Option ARM and with many economists predicting unemployment will stay in the double digits, foreclosures will only accelerate, which will add to bank losses, which will add pressure to the financial system and broader economy. Words: 547
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