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Gov Bailout
The Gov have sanctioned the unused money bailout today, but why has the housing not benefited from the last bailout? Foreclosures are up 81% since last year and the banks are still doing what they want even with the ‘people’ bailing them out.
US Economy and Low Interest RatesLow interest rates can be very helpful when you are in the market for a home or an auto loan. An overwhelming number of houses on the market combined with a lack of home buyers along with low interest rates are making this a home buyer’s market. Low interest rates are sweeping the market and some home buyers are taking advantage of these low interest rates to refinance their mortgages.