Readers of Victorian novels know what debtor’s prison is–a scabrous place where distressed maidens, handsome heroes and pitiable children who owe as little as 60 cents are locked up until their debts are paid. The U.S. abolished federal imprisonment for unpaid debts in 1833, and today, most of us are pretty sure that we [...]
Category Archives: Real Estate Category
Current low mortgage rates are holding on today as Euro zone talks resumed in Brussels with Germany and France pushing for an agreement between Greece and its creditors that will reduce its debt to reasonable levels. With no other economic data being released today, markets are quietly awaiting more updates from Europe. Pending Home Sales [...]
If you live in the Midwest or on the East coast, you may be wondering when the snow (that usually accompanies old man winter) will finally arrive. Residents of Texas however, have little to wonder as; they became practically (and ironically) the first people in America to get snow this winter. Personally, the worst snowstorm [...]
If you have rust stains at the bottom of your bathtub, you’re not alone. This is a common occurrence and if treated early, is typically not a major problem. Once you discover what’s causing the rust, you can then prevent it from forming again. Rust is actually a chemical reaction between the iron found in [...]
Amidst other notable items–crashing markets and tremendous natural disasters among them–2011 might also become known as “the year of record-low mortgage rates”. Not since the early 1950s–perhaps beyond–have mortgage rates plumbed these depths. We begin 2012 with fixed interest rates almost a full percentage point below where we began 2011, at levels which not [...]