Underwater mortgages are nowhere close to GFC levels. However, limited equity, i.e., less than 10% of equity in homes is rising. As home values decline, the proportion of the loan increases and equity portion decreases. This needs to stay under …
https://www.foxbusiness.com/economy/us-home-prices-decline-number-buyers-underwater-mortgages-swells h/t silvertomars
by Michael Here we go again. When the housing market crashed in 2008 and 2009, large numbers of U.S. homeowners ended up owing more on their mortgages than their homes were worth. When the Federal Reserve started to aggressively hike …
A nuclear submarine was buzzed by an unidentified object – travelling under water faster than the speed of sound. The claim came from a scientist who had been carrying out classified work on board USS Hampton. Bob McGwier told fighter …
Airports, parking lots, and the entire Las Vegas Strip, which houses some of the world’s most famous casinos and hotels, were flooded Thursday night. Heavy rain filled countless buildings as the city put a flash flood and severe thunderstorm warning …
ABC: “[Biden] is badly underwater on ALL of the top issues.” pic.twitter.com/UTcz7Jg58W — RNC Research (@RNCResearch) June 6, 2022 American families are cutting their food budgets mostly by changing the types and brands of food they've bought, but food bank …
HUNTLEY, Illinois (Illinois News Network) — Steinar Andersen is a disabled veteran, widower and father of a disabled stepson who is ready to move out of Illinois. But he can’t. Employed as a information technology manager, he and his wife bought …
Image by iStock.com/NNehring From ZeroHedge: A nuclear-powered underwater drone capable of unleashing two megatonnes of hell to destroy enemy naval bases with massive tsunamis is under development in Russia, according to a state news agency. “It will be possible to mount various nuclear …
by Martin Armstrong QUESTION: I too live in New Jersey, hopefully not for long. I put my house up for sale to get out of town between the taxes and the climate turning colder, it’s time to leave. But probably half …
WATCH: Archaeologists who have been exploring the world's largest underwater cave in Mexico, present their findings pic.twitter.com/551WbtFPf5 — AFP news agency (@AFP) February 20, 2018 Archaeologists in Mexico have been showing off discoveries unearthed during their aquatic expeditions into the …
Aftershocks continue to shake Taiwan with a cold surge advisory. The quakes seem to be related to an unnamed volcano that erupted during the Dalton Minimum 13 miles off shore and directly at the area of the 6.4 damaging quake …
by stockboardasset Last week, President Donald Trump directed Secretary of Defense James Mattis to release the latest Nuclear Posture Review (NPR) report. Trump made it clear that his priority is to protect the United States, allies, and all partners, but in doing so, this …
https://www.zerohedge.com/news/2018-01-27/it-just-gets-worse-and-worse-record-32-used-car-trade-ins-are-underwater
by stockboardasset Amid a major humanitarian crisis unfolding in Yemen as a result of a Saudi-led military intervention, backed with airstrikes from the United States, which have increased threefold under President Trump. Western media has fallen silent on the Yemeni war leaving it …