invest: Is there help for Veterans wanting to Refinance?
- 05/20/09 08:16 AM
I'm a military veteran and having a difficult time making my high mortgage payments. Is there any special help available for me?Yes, indeed there is. Veterans of Iraq and other military service can take advantage of recent changes that make the VA's loan guarantee program more flexible for borrowers. The VA Streamline Refinance program allows loans of up to 100 percent of the value of a home. Maximum loan amounts vary from one part of the country to another. Before these increased maximums, VA loans were capped at $144,000.The changes are specifically designed to assist veterans with sub-prime mortgages so they … (0 comments)
invest: It's time to invest in America
- 05/06/09 03:53 AM
For the economy to strengthen, Americans need to become consumers again.In the American economy, some 70 percent of activity is derived by consumers. But when consumers hunker down and quit spending, economic activity decreases.The history of America shows it has always had a tendency for action. It has made this country great. People and companies believed in the possibilities of the future and spent their money accordingly.Today, the mood is the opposite. Economists warn that if we don't jolt consumers and the economy back to life, we could fall into what economist John Maynard Keynes called the "paradox of thrift." That … (1 comments)
I'm a military veteran and having a difficult time making my high mortgage payments. Is there any special help available for me?Yes, indeed there is. Veterans of Iraq and other military service can take advantage of recent changes that make the VA's loan guarantee program more flexible for borrowers. The VA Streamline Refinance program allows loans of up to 100 percent of the value of a home. Maximum loan amounts vary from one part of the country to another. Before these increased maximums, VA loans were capped at $144,000.The changes are specifically designed to assist veterans with sub-prime mortgages so they … (0 comments)
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