The China Real Estate Bubble Goes Bust, Property Prices Are Falling Fast

Now that the bust has hit, real estate prices are dropping like a stone in many major Chinese real estate markets. With so many lenders leveraged up on “bubbly” apartments and condos, could a major Chinese financial crisis be imminent? Continue reading

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How to Rebuild Your Credit After a Bankruptcy or Foreclosure

If you’ve been through a major financial crisis like a foreclosure or bankruptcy, it’s a good bet that your credit scores have suffered substantially. Though time will gradually “heal” much of the damage to your credit scores, it’s important that you clean up any lingering issues in your credit file and reestablish your credit history with good habits. The sooner you do this, the more easily you’ll be able to qualify for a new mortgage down the road. Continue reading

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Yet Another Great Reason to Visit the East Coast: Sierra Nevada Expands to North Carolina

Those of you living in North Carolina are a lucky crowd – you’re about to have one of my favorite beer makers move into your backyard. Hopefully this means you can enjoy great Sierra Nevada beer for a little less money (since they won’t have to ship across the country anymore). Continue reading

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How to Use Income From a Second Job to Qualify for a Mortgage

If you’ve taken on a second job to generate some extra cash flow every month or get some bills paid off, you may be able to use the second job income to qualify for a new mortgage. The benefit of using second job income to qualify is that it lowers your qualifying debt-to-income ratio, or DTI, and strengthens your loan application. Continue reading

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High Student Loan Debt to Delay Homeownership for Many

Student loan debt is a topic I’ve addressed off and on because it’s a serious financial burden that younger generations will be contending with for many years to come. This burden likely will mean many young people will be forced to delay one of life’s biggest milestones: first-time homeownership. Continue reading

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Are Lower Mortgage Rates in Our Near Future?

The Federal Reserve may be planning to implement another round of quantitative easing in the coming months to help boost the economy. This latest round of asset purchases may be targeted specifically at housing, which could help push down mortgage rates. Continue reading

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There’s No Escaping the ‘Stealth Wealth Tax’

You’ve heard of the income tax, property tax, sales tax, etc., but have you ever heard of the “stealth wealth tax”? Without fail, it hits every last one of us regardless of how many children we have, whether we’re married, have a mortgage, run a business, or how much we give to charity. Continue reading

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How to Submit a Guest Post at the Mortgages By Mark Blog

If you have a guest post that is informative, interesting, and reasonably well-written, as well as related to real estate, mortgages, real estate investing, economic issues, or personal finance, it’s welcome here at the Mortgages By Mark blog! Continue reading

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How to Pay Off a Mortgage Years Early and Save Thousands In Interest

If you’re looking for a few ideas about how to pay off a mortgage years early and save thousands (or tens of thousands) of dollars in interest, you’re in the right place – and you’ve got the right idea! Mortgage interest is probably one of the largest expenses you’ll ever pay in your lifetime, so it’s to your benefit to learn how to pay off a mortgage early so you can keep as much of that interest in your pocket instead of sending it to your lender. Continue reading

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Six US House Members Propose “Reasonable Profits Board” to Control Gas Profits

Uh oh, here comes another government “solution” that will just create more problems for everybody. Six members of the House of Representatives, led by Rep. Dennis Kucinich, are proposing to create a “Reasonable Profits Board” to control gas profits. Continue reading

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