mortgage

Interest Rates: What’s in Store for 2015?

Interest Rates: What’s in Store for 2015?

Interest rates are an indicator of a country’s economic health. And as we head into a new year, financial experts worry that rising rates could stall growth and choke the recovery from the massive...

Can 3% Down Boost Lending?

Can 3% Down Boost Lending?

Where have all the homebuyers gone? In spite of gains since the housing crash of 2008, fewer mortgage applications are being approved – and the percentage of Americans who own homes has shrunk to...

Will Lower Credit Standards Boost Borrowing?

King Solomon’s Proverbs remind us that smart investing means putting plans in place for a long term yield, just like the prudent ant in Proverbs 6:6-8, “which provideth her meat for herself in the...

Home Owners Score on the Big Banks

The Bible story of David and Goliath never fails to capture our imaginations. We love what it says about the little guy winning the day against a seemingly overpowering foe. Now, in the seemingly...

JP Morgan Chase Gets Caught Lying — Again

The Proverbs of King Solomon are full of warnings about consorting with the sinful: those who lie, cheat and harm other people. And those principles still hold today as JP Morgan Chase, one of the...

Mortgage Troubles Reach Pre-Crash Levels

In the Proverbs of King Solomon, houses represent wisdom and prosperity. And, as we’ve seen in these current economic conditions, the state of housing and jobs today are good indicators of stability...

Post-Lawsuits, Big Banks Try New Strategies

One of the basic principles for doing good business Solomon-style is to act with justice and equity to everyone. But as we’ve reported in this space before, those qualities have been in short supply...

New Rules Change the Lending Landscape in 2014

“The path of the just is a shining light,“ King Solomon says in Proverbs 4:18. Today, a string of lawsuits and new laws are attempting to bring justice to the ethically challenged US mortgage...

The Fed Starts to Taper – But Who Benefits?

A king’s throne is strengthened by clemency, King Solomon tells us in Proverbs 20:21, so that the whole country benefits by gestures of support from the top. Though there’s no throne involved, the...

What To Do When A Bank Says No

One of the essential principles of prosperous living, as King Solomon tells us in his Proverbs is equity – dealing fairly and evenhandedly with others. But in the complex and confusing world of...