Continuing an almost four-year trend, aggregate consumer debt levels have recently been reported to record their lowest since 2006. Mortgage debt, the largest component of aggregate consumer debt, decreased by 1.5% from the previous quarter, and the lowest tally since 2006. This drop comes amidst a cumulative increase in mortgage originations, where hundreds of …
Things You MUST Know About First-Time Home Buyer Loans
For the first-time home buyer, it can get confusing to wade through the variety of loan options out there. To ease the selection process, lenders have come out with the first-time home buyer loan. But before you decide to sign up for this loan, there are a few things you need to inform yourself about. …
Commercial Real Estate Market Trends for 2012
Thinking of investing in commercial properties? Affluent investors take special interest in commercial real estate as a strategy to build and consolidate wealth. Recent studies found that these investors receive an average of $1.2 million in revenue every year from their rental properties. Commercial properties are a good source of income especially at a time …
