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Real Estate Insurance and Risk Management
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First, some statistics. In the summer of 2005, the median price of a home rose nearly 15 percent from the year earlier, in some markets, much more. Lenders lowered required credits scores (FICOs), waived some documentation requirements, and raised the debt allowance to 45 percent of income. Some reports estimate that interest-only loans now make up 30 percent of all new mortgages. Nearly 35 percent of mortgages are now ARMs (Adjustable Rate Mortg...
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Bjorn Gutter writes on a wide variety of subjects. He is the owner of a french dating site Rencontrenet with more than 1 million members.
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