A Brief History of the Housing Bubble
Housing Bubble 2003 – 2006. This is a really good summary of the causes of the recent housing bubble.
Click on the link: A Brief History of the Housing Bubble
Courtesy of OCHousingNews.com.
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Bill Lewis
May 9, 2012 at 10:52 am 
U.S. economy has a 'royal straight flush' - Jamie Dimon
money.cnn.com
JPMorgan Chase CEO Jamie Dimon says the U.S. economy has the best business and best military on the planet.
Bill Lewis
May 1, 2012 at 8:44 am 
Will China's real estate bubble burst?
money.cnn.com
China is seeing its real estate market cool down. This will likely slow growth, but it won't collapse like the American housing market did.
Choice One Mortgage
April 19, 2012 at 2:49 pm Choice One Mortgage shared a link.
Short sales expected to surge this year
money.cnn.com
Short sales are rising sharply, offering many struggling homeowners a better alternative to foreclosure in many of the nation's hardest hit states.
Choice One Mortgage
April 17, 2012 at 1:55 pm Choice One Mortgage shared a link.
What You Need to Know About HARP 2.0 Refinancing
www.foxbusiness.com
If your mortgage is deeply underwater, HARP 2.0 could offer a chance to refinance.
Choice One Mortgage
April 2, 2012 at 8:23 pm Choice One Mortgage shared a link.
Choice One Mortgage
April 2, 2012 at 1:49 pm Choice One Mortgage shared a link.
Investors Are Looking to Buy Homes by the Thousands
www.nytimes.com
With house prices still down, some large investors are creating huge portfolios by buying thousands of homes at deep discounts and then renting them out.
Bill Lewis
March 27, 2012 at 4:36 pm 
NAR: 2012 home sales will be strongest in past 5 years | Inman News
www.inman.com
February pending sales up 9.2% from year ago. The National Association of Realtors is predicting existing-home sales will jump 7 to 10 percent in 2012 to the highest level in five years, based on an "uneven but higher sales pattern" so far this year.Pending home sales fell a seasonally adjusted 0...
Choice One Mortgage
March 16, 2012 at 8:37 pm Choice One Mortgage shared a link.
Foreclosures fall, but there's a 'rising tide' ahead
money.cnn.com
Banks have sped up foreclosures and more homes will be repossessed in the future.
Choice One Mortgage
March 16, 2012 at 8:36 pm Choice One Mortgage shared a link.
Rage grows over mortgage deal
money.cnn.com
The $26 billion foreclosure settlement is looking more and more like a hit-or-miss game that leaves millions of homeowners out in the cold, especially those with mortgages held by Fannie or Freddie.
Choice One Mortgage
February 28, 2012 at 8:25 am Choice One Mortgage shared a link.
FHA Mortgage Insurance Fee Hikes April and June 2012
www.mortgagenewsdaily.com
HUD today announced that mortgage insurance for FHA loans will increase April 1 and June 1. Characteristically, the announcement isn’t clear on the impact to consumer borrowers, so here’s a quick description. If you’re getting a home loan with less than 20% down, it’ll have mortgage insurance (MI), ...
Choice One Mortgage
February 27, 2012 at 9:07 am Choice One Mortgage shared a link.
How can I bring down my property taxes? - The Help Desk - Personal Finance FAQs - CNNMoney
helpdesk.blogs.money.cnn.com
I purchased a brand new home in 2008 at a price of $315,000. A few weeks ago I learned that the assessor says I have two bathrooms and central air conditioning. I do not. I pay over $6,700 in taxes, and I feel that’s too high for such a small ...
Choice One Mortgage
February 27, 2012 at 9:03 am Choice One Mortgage shared a link.
Why the Federal Reserve can't fix housing
money.cnn.com
The Federal Reserve has little ammunition left to resuscitate the struggling housing market, according to a new paper from top economists.
Choice One Mortgage
February 21, 2012 at 11:54 pm Choice One Mortgage shared a link.
The mortgage settlement: A borrower’s guide
www.marketwatch.com
The record $26 billion foreclosure-abuse settlement that states and the Obama administration reached last week with five big banks is supposed to help more than 1 million U.S. homeowners. Here are answers to borrower questions about eligibility and whom to contact for help.
Choice One Mortgage
February 21, 2012 at 11:52 pm Choice One Mortgage shared a link.
Is the European crisis over or just beginning? Todd Harrison
www.marketwatch.com
While global markets collectively exhaled when they heard the news of the latest Greek rescue, a looming question remains, writes Todd Harrison.
Choice One Mortgage
February 17, 2012 at 9:27 am Choice One Mortgage shared a link.
What the foreclosure settlement means for you
money.cnn.com
The nation's largest banks have finally struck a mortgage deal with 49 states to settle charges of abusive and negligent foreclosure practices dating back to 2008.
Choice One Mortgage
February 17, 2012 at 9:25 am Choice One Mortgage shared a link.
Mortgage deal means more foreclosures
money.cnn.com
$26 billion mortgage settlement between states, feds and major lenders should bring relief for many troubled homeowners, but end of complex negotiations will also increase foreclosures that had been stuck in limbo during talks.
Choice One Mortgage
February 17, 2012 at 9:21 am Choice One Mortgage shared a link.
The Foreclosure Settlement: Who It Will Help and How - Kiplinger
www.kiplinger.com
The $25 billion foreclosure settlement announced February 9 between the federal government, 49 state attorneys general (Oklahoma won't participate) and the five largest mortgage lenders and servicers in the U.S. will open the door to reducing the
Choice One Mortgage
February 16, 2012 at 11:25 am Choice One Mortgage shared a link.
Borrowing from a 401(k) to Make a Down Payment - Kiplinger
www.kiplinger.com
It looks like Im going to need to take money from my retirement savings to make a down payment on a house. Which is better to tap for a down payment -- a 401(k), a Roth IRA or a traditional IRA? Can I avoid the penalties and taxes for withdraw
Choice One Mortgage
February 13, 2012 at 1:06 pm Choice One Mortgage shared a link.
WARREN BUFFETT: The Investment You Think Is 'Safe' Is Actually The Riskiest In The World
www.businessinsider.com
Hiding in cash? Be afraid.
Choice One Mortgage
February 1, 2012 at 2:18 pm Choice One Mortgage shared a link.
A Brief History of the Housing Bubble | Choice One Mortgage
www.choice1homeloans.com
For those so inclined, this is a really good read . . . Click on the link below. A Brief History of the Housing Bubble
Choice One Mortgage
January 31, 2012 at 3:14 pm Choice One Mortgage shared a link.
Why a Long-Term, Fixed-Rate Home Loan Makes Sense - Kiplinger
www.kiplinger.com
When it comes to home loans, we're a nation of debt-a-phobes. It's easy to understand why -- we're still digging out from a credit crisis caused by too much (or mismanaged) mortgage debt. Not surprising then that borrowers are choosing shorter-ter
Choice One Mortgage
January 31, 2012 at 2:25 pm Choice One Mortgage shared a link.
What Happens When You Walk Away From Your Home?
finance.yahoo.com
Does it make sense to keep paying a massive mortgage, knowing that it might be decades before a home regains its prior value?
Choice One Mortgage
January 31, 2012 at 2:22 pm Choice One Mortgage shared a link.
Housing Demand Defies Fundamentals
finance.yahoo.com
Anyone with any cash in hand should be buying a house right now. That's what any real estate agent will tell you, obviously, but that's also what many investors now believe. Unfortunately, the potential ...
Choice One Mortgage
January 31, 2012 at 2:01 pm Choice One Mortgage shared a link.
Case-Shiller Reports Continued Erosion in Home Prices
www.mortgagenewsdaily.com
Home prices continued to fall in November according to the S&P/Case-Shiller Home Price Indices released this morning. Both the 10-City and the 20-City Indices were down 1.3 percent in November compared to the previous month and for the second month in a...
Choice One Mortgage
January 31, 2012 at 2:00 pm 01/31/2012 - Interest rates are at the lowest levels we have ever seen. Assuming you have the credit, income and equity to qualify, the 30 year fixed is at 3.875% with 0 points and minimal fees, 3.999% no point, no fees. Visit our website at www.choice1homeloans.com to get all of the information you need.
Bill Lewis
January 31, 2012 at 1:41 pm It's a bit technical, but great explanation about how interest rates move.
Choice One Mortgage
January 31, 2012 at 1:31 pm Great insights about the housing market dilemma.
Choice One Mortgage
January 31, 2012 at 1:30 pm Choice One Mortgage shared a link.
Bill Lewis
January 31, 2012 at 1:28 pm Great article Bill!
Richard Isaacs
January 20, 2012 at 11:02 am
Extremely professional, dependable and trustworthy!
About Us
Choice One Mortgage Company
Bill Lewis, President
Direct (800) 224-9999
blewis@choice1homeloans.com
2625 Townsgate Road #330
Westlake Village, CA 91361
A+ Rated Member of the Better Business Bureau
NMLS License #284797
