Why a Wounded Housing Market Refuses to Heal – Daily Reckoning

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Housing prices and sales volumes continue to fall, foreclosures continue to soar, unemployment refuses to drop and business spending. Eric Fry for The Daily Reckoning The letter F. A stylized bird.

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First-Timers: Take a Class, Save on Your Loan The importance of saving for a deposit. The more you can save up for a deposit, the better mortgage deal you are likely to get. Not every mortgage lender will offer a loan for 100% of the property’s value, and those deals that are available will carry a higher rate of interest than loans for a lower percentage.

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