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Mortgage delinquencies will rise as job growth remains stagnant, leading to an increase in foreclosures. Rent prices will flatten as apartment construction and investors flood the market with supply. The disconnect between the stock market and the housing and employment markets will be rectified when the MSM can no longer deny the recession that began in 2012 and will deepen in the first part of 2013.
HARP Loan Program Eligibility Am I Eligible For The HARP Program? The Home affordable refinance program (harp) is a streamline refinance program created to help eligible borrowers who have continued to make their mortgage payments, but may be unable to refinance over recent years due to a decline in their home value.
Geithner Sees "Economic Improvement" As Mortgage Delinquencies Hit All Time High .
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One thing definately worth noting is that i have spasms in my foot all the time. I took video at one point with the camera aiming down the entire arch. You can see the skin jumping all along and when i straighten my foot all the way, toes pointing downward, i get a major cramp that sticks in the arch until i pull the toes back and massage it out.
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American worker wages, as a percentage of national GDP, had been – until 1975 – almost always at least half of U.S. GDP, and as recently as 2001, accounted for 49% of GDP. In 2012, they hit an “all-time low” at 43.5% of GDP. Further, CEO pay has also been rising 27 times faster than worker pay since 1978.
In the midst of millions riding the waves of the real estate reckoning, even more ordinary Americans are facing the rising tide of credit card APRs. In fact, according to new data, the average credit card interest rate has recently climbed to an all-time high, with averages hovering just below 15%.