cayetano

7 Steps to Fix the Housing Crisis

The government mostly (we think) is always wrong, because we are the government, one whole and as a country and we are one. Think for a moment, would you rather lost the country USA or just want to point fingers. Somewhere, within all the mix of comments may lies a solution, so let the ideas flow.
For the country to get up from where it stumble sooner we need cooperation now rather than blaming. Remember this is USA

June Existing Home Sales Dip While Supply Rises

Way to go.. raise the interest rate on mortgages and we all shall suffer. If the banks want to put back the RE value in their porfolio, try lowering the rate and require full doc on every loan.