Are record-low interest rates masking high-cost mortgage lending?

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits
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Lending / The Ticker

Reverse mortgages touted as a savings tool, but risks remain

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"Reverse mortgages were designed to help senior homeowners age in place. While they accomplish that goal for thousands of people today, there's also a big picture benefit to the reverse mortgage program as a whole - it saves government money on entitlement programs such as Supplemental Security income and Medicaid," reports Michael Branson with SeniorJournal.com.

But the risks stemming from these loan products is still a subject of much debate.

Michael De Groote with Deseret News takes a more pros-and-cons approach in his report on reverse mortgages.

 

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