Since my blog is a ripoff of irvinehousingblog.com and since he does such a great job analyzing the housing market and financing – much better than I ever could – I just wanted to share this article originally posted by Irvine Renter on March 1, 2007.
Financially Conservative Home Financing
This article is another valuable look at why Adjustable Rate Mortgages have caused our housing market to bubble, and what kinds of things people should be thinking about when they buy houses, to make sure they can afford their homes.
August 6, 2007 at 1:40 pm
Good info…rising credit rates are affecting the market due to the America’s over-use on credit plays a significant factor in the housing market. I recommend this report on home sales that is useful…
http://www.dailyreckoning.com/rpt/HousingReport.html
-Cheers!