by Glen Craig
The most recent figures show that the rate of unemployment has dropped to 8.2%, down from a recession high of over ten percent. That’s an impressive drop, but it is, after all, a statistic. The real question might be, are the statistics real? By “real” I mean do they accurately describe what people are actually [...]
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by Glen Craig
Although the foreclosure crisis is making far less headlines than it once did, it is still a big problem in America. In fact, underwater mortgages are back to 2011 levels, currently at 11 million homes or 22.8% of all residential mortgages. For those 11 million homeowners, an underwater mortgage represents an impossible financial situation to [...]
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