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From 1994 until 1999 there was little difference in the rate of change of rent vs. housing prices. That changed in 2000 with the dot.com crash and accelerated when Greenspan started cutting rates..06/06/2021 7:15:43AM EST.
$45.1 Trillion: Total Federal Spending Proposed By Obama’s FY2012 Budget Through 2021. $24.0 Trillion: Projected Federal Debt In 2021 Due To Obama’s Binge Spending. (OMB, 9/1/11) $14.9 Trillion: Current National Debt. (U.S. Treasury Department, Accessed 10/5/11) $9.1 Trillion: Amount Obama’s FY2012 Budget Would Add To The Debt Through FY2021. $6.4 Trillion: Cumulative Deficits Caused By President Obama’s Deficit Reduction Proposal. (OMB, 9/19/11) $5.2 Trillion: Total Interest Payments On The National Debt Due To Obama’s Proposed Budget, FY2012-2021. (OMB, 9/1/11) $4.2 Trillion: Adde...
Mortgage industry hiring and new job appointments for the week ending Dec. 31.
Statistics of homeowners in key swing states like florida and nevada who now owe more on their houses than they're worth. the report coming out just after the president ended his bus tour of florida and as governor romney gets ready to head to nevada tomorrow. peter barnes with the fox business network has the story from washington. so what do the numbers say, peter? >> reporter: jon, the new report shows 18% of all homeowners making timely payments on their mortgages are underwater. their homes are worth less than the outstanding balance on their loans. that is millions of homeowners in this ...
>> reporter: well, you mentioned to the issue right there, the halting of the foreclosures because of the robo-signing scandal. once the justice department and the banks and the states' attorneys general came to a settlement in that case, the $25 billion setment, it opened up the spigot so that the banks could then go back into the foreclosure business. and all of these homes, all these houses which had been held up and not been foreclosed upon in 2011 are now coming into the system. to give you a quick idea of what's going on, lender processing services out of jacksonville, florida, they're i...