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Robin Garg - ArticlesRobin Garg a Webmaster of Housing News Live and a real estate Analyst
Housing isn’t bottoming outThe debate over the contentious issue whether the housing market has reached its bottom and is on its way up is quite intriguing. Subprime MythsLiar Loans are simply a category of mortgages where the borrower merely sates his income and the lender does not validate or check its authenticity. Reasons for housing market not reboundingPresident Obama’s loan modification plan is meant to rescue the housing market and restructure the current mortgage plan. However, the repayment capacities of homeowners have not much changed and the initiatives have not been as successful as expected. A Guide to the Reverse MortgageA reverse mortgage allows a senior home owner to convert their home equity to cash. These loans may be availed by senior home owners having equity in their homes. A Guide to Mortgage RatesWith the credit situation tightening all across the world, mortgage providers are demanding higher down payments from borrowers to reduce the risk of further financial loss. Housing Market Crash in North AmericaThe US economy is witnessing one of the worst recessions of all times. It is often said that this recession is comparable to The Great Depression. The brunt of mass layoffs, high gas prices, company declaring bankruptcy and ailing banks and financial institutes has severely affected millions of American households
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