iPod Cases

Good and Bad News About Housing and Mortgages

Most mortgage news presents dire descriptions about worst case housing scenarios and mortgage defaults. However, there are two sides of a coin, so it’s only fair to also point out potential good news about home mortgages and housing trends.

Mortgage news estimating negative prospects for the housing industry:

1. It has been estimated that there may be up to 8 million foreclosures by the end of 2012.

2. Up to 19 million homeowners might owe more than their house is worth by 2010.

3. The inventory of homes for sale could double the current volume by the end of 2012.

4. The median home price in some areas is estimated to drop an additional 20% or more.

5. New home starts could drop by 67% compared to the peak of the construction market.

Mortgage news of potential positive elements to the housing industry:

1. All of the home mortgages now being funded should have a low risk of default because mortgage lenders have gone back to using conservative underwriting guidelines.

2. Mortgage interest rates should continue to remain low, which would allow qualified borrowers to buy a home or refinance with a more affordable house payment.

3. Home prices are coming back down to reasonable levels that provide opportunities for first time home buyers and other potential buyers to participate in the housing market again.

4. Government purchase of mortgage backed securities should have a stabilizing effect on the housing market and provide more funds for mortgage refinancing and home purchases.

5. As more people buy homes because of reduced home prices and lower mortgage rates, there is a greater chance of home values stabilizing and a housing recovery sooner rather than later.

It’s been said that predictions are difficult, especially if they are about the future. Pundits and prognosticators offer their opinions, peddling both sides of the issue. Some back their claim with complicated spreadsheets, and others with simple logic, such as, if mortgage rates are low and home prices are down 40%, then people will buy homes. It has also been suggested that new immigration and a baby boom are needed to return to the glory days. Whether your glass is half empty or half full may depend on how you process the news, or how you are affected by reality.

About the Author

Written by Rick Smith: Rates and information for home mortgages. More information about FHA home loans

iPhone 3GS Back Case / Housing Replacement Directions By DirectFix.com

Culligan P5-D Level 4 5 Micron Sediment Filtration 2 Pack Replacement Cartridges $5.53 P5 replacement sediment filter cartridge removes extra fine dirt, sand, silt, rust, and scale particles. 5 micron (nominal) filtration. Pure spun polypropylene fiber construction, resistant to chemicals and corrosion. Filter life up to 2 months or 8000 gallon. Use with filter model…

Cuisinart Elite Collection Food Processor $500.00 All-inclusive food processor from Cuisinart surpasses all other brands with the speed, multiple-performance and precision that has made Cuisinart the internationally-acclaimed brand of choice for gourmet chefs. Powerful 1,000 watt motor starts with touchpad control operation. Pulses or kneads dough with a simple press of a button. Two interchangeable discs, plus two interchangeable blades, let you…

Culligan R50-BBSA Level 1 50 Micron Heavy Duty Sediment Replacement Cartridge $9.50 Jumbo Heavy Duty Whole House Sediment Water Filter Replacement Cartridge, Filters Scale, Rust Particles, Coarse Sand, Filter Life 6 Months, 50 Micron Rating, Pleated Polyester Cartridge, Use Replacement Filter Model #HD-950 True Value #852-574….

The Goonies $7.48 This fun-filled adventure epic from producer Steven Spielberg and writer Chris Columbus concerns the Goonies–a group of friends who embark on a perilous adventure with hopes of finding some lost pirate treasure. Along the way, they encounter booby traps, a family of bumbling crooks, a candy bar-loving monster with a heart of gold, and plenty of excitement. Sean Astin, Josh Brolin, Martha Plimpton…

Inner Circles $4.99 …

High Profile $1.99 …

BaBylissPRO Nano Titanium Straightening Iron Ionic technology is perfectly paired with the benefits of pure titanium-plated plates for the smoothest, sleekest styles ever! Natural ions reduce frizz while the stay-cool Ryton housing resists the ultra-high heat for comfortable handling. The ceramic heater produces instant heat, up to 450°F, and fast heat recovery for styling efficiency with no damaging hot spots. Available in 1-1/4 inch and 1…

BaByliss PRO Nano Titanium – Mini & Travel Straightening Iron …

Wahl Professional 8081 5-star Series Detailer Powerful Rotary Motor Trimmer $38.99 The Wahl Professional 5 Star Detailer T Blade Trimmer features powerful rotary motor performance….

PSP 1000 BLACK BATTERY COVER $0.01 Lost or scratched your battery door? Get a replacement, or an extra to keep on hand. Accommodates the standard battery. Color: Black. Material: Plastic. Battery Back Door only, battery sold separately. Compatible with: PSP…