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eFinanceDirectory.com is a hub for finding current news about the real estate and mortgage markets. Our goal is to provide you non-biased original articles about the housing and mortgage issues that matter to you most.

Our current focus is on researching the US housing bubble. We update this section daily with original housing market related news articles so please bookmark it and come back often.

Housing & Financial News:

Home Price Increases and Decreases by State

According to a recently released house price index, property values in key mortgage markets are falling fast. California home prices have dropped more than 10 percent in a year's time. On-going declines are also present in Nevada, Arizona, Florida, Louisiana, and a number of other states.

U.S. Home Price Trends

Home prices declined nationwide through 2007 and the trend is showing all signs of continuing through 2008. Newly released indices indicate home price declines of more than 20 percent in cities like Las Vegas, San Diego, San Francisco and Miami.

Mass Foreclosure Auctions Across the Nation

Mass foreclosure auctions are cropping up from California to Massachusetts. Find out where the upcoming auctions are and what you should know about foreclosure properties before placing your bid.

Current Mortgage Crisis Surpasses Other U.S. Debt Crises

Home prices are falling, delinquencies are mounting and the federal government is meddling with the free market concept. The current mortgage crisis is turning into one of the biggest financial disasters in U.S. history. See how it compares to previous crises here.

Only 29 Percent of Americans Approve of a Government-Led Mortgage Bailout

Rasmussen Reports, a polling firm that is frequently praised for its accuracy and reliability, recently conducted several polls on mortgage bailouts. According to their findings, the majority of Americans don't think homeowners should receive assistance from the federal government.

Foreclosure Filings Up 115 Percent from Last Year

Foreclosures are at an all time high according to a new RealtyTrac report. During the month of August foreclosures increased 115 percent compared to the same time last year. States with the highest foreclosure rates include Nevada, California, Florida, Georgia, Ohio, and Michigan.

Housing Bubble Analysis: Interview with Global Economic Trend Analysis (Mish)

Our series of interviews with housing experts across the nation continues with a housing bubble analysis courtesy of Mike Shedlock. Shedlock, perhaps better known as Mish in certain circles, is an investment advisor representative, and the owner and operator of Mish's Global Economic Trend Analysis.

Cuomo Expands Home Appraisal Inflation Investigation

New York Attorney General Andrew Cuomo filed suit against the real estate appraisal unit of First American Corp. last week, charging the U.S. title insurer of conspiring with Washington Mutual to inflate appraisal values. On Wednesday, Cuomo expanded the nine-month investigation and issued subpoenas to mortgage giants Freddie Mac and Fannie Mae.

Bush Announces Five-Year Freeze on ARM Rates

President Bush outlined a private-sector plan this afternoon that will change the rules in the middle of the game. The plan, which borders on illegal, is meant to help struggling borrowers by putting a five-year freeze on interest rates.

New Home Sale Market Slows, Prices Drop by the Most Since 1970

According to a new report released by the Commerce Department, new home sales and prices are suffering just as much as existing sales and prices. During the month of August, new home sales fell to the lowest level in seven years, and new home prices declined by the most seen since 1970.

Today's Featured Articles:

What's the Deal with all These Crazy Mortgage Options?!

Interest-only? Option? 40-year fixed? These are just a few of the new alternative mortgage options available to potential homebuyers! Need a little guidance? Read on!

The Housing Bubble: Interest Rates, Recession and The Feds Fight Against Inflation

The doomsayers touting the nuclear winter of the exploding housing bubble may have been a necessary condition in slowing an overheated market, but you don't have to flee in panic. While some of the more extreme have predicted an economy wide recession, others see a correction driven by the Federal Reserve's reigning in of inflation.

Big Investors Use Exchange-Traded Funds to Bet Against Market

Large investors are using exchange traded funds to profit when the markets fall. Little guys can make money by paying attention.

Connecticut Consumers Can Use Home Loans as a Debt Consolidation Tool

Mortgages, refinance loans, and home equity lines of credit are all ways to consolidate debt balances. But Connecticut consumers who lack real estate should not fret, there are a few other great options.

Finding a Professional Realtor to Sell Your Home

Some people may not know where to begin to find a realtor. Finding a qualified professional may seem difficult, which is why a good place to search for available realtors is the National Association of Realtors (NAR).

A Beginner's Guide: What to Do When You Are Drowning in Debt

Debt can be a good thing when bought intelligently and managed effectively. Yes, there is such a thing as 'good debt'. School loans, mortgages, and consolidation loans all can be considered good debt when handled properly. But, there is another kind of debt that most Americans are all too aware of: credit cards, high interest car loans, and bad mortgage products all fall under the category of 'bad debt'.

7 Little Known Tax Deductions You Can't Afford to Miss

Nearly 100 percent of individuals filing tax returns on an annual basis claim either standard or itemized deductions. Don't miss out on what's coming to you with these often overlooked tax deductions and credits.

Housing: The Biggest Gamble in Las Vegas

After experiencing a rapid surge in housing values, Las Vegas was among the top 20 housing markets with the largest declines in 2006. With foreclosures rising and home sales slowing, it seems Las Vegas housing has become more of a gamble than ever.

What is a Super Jumbo Mortgage Loan? An Overview of Jumbo Loans

A Super Jumbo Loan is at the top wrung of borrowing amounts, exceeding both conventional, or conforming loans, and the Jumbo Mortgage loan. A Super Jumbo Loan comes with a different set of issues than other loans of lower amounts. Don't fret though, you still have a number of mortgage options.

NAACP Sues 12 Mortgage Companies for Race Discrimination

The National Association for the Advancement of Colored People (NAACP) stepped onto the subprime battlefield last week and sued 12 separate mortgage companies for race discrimination. The NAACP is seeking more plaintiffs for the suit and is asking African Americans who have bought or refinanced over the last five years to come forward and join the fight.

Sub-Prime Lenders and Mortgage Programs in Oregon

Mortgage approval is tough and expensive when you have less than stellar credit. Here are a few sub-prime borrowing programs and lenders in OR.

How To Fix Errors On Your Credit Report

Your credit report should mirror your life as a borrower. But too frequently information gets mixed up and errors land on your record. Here is a little help to get rid of costly mistakes on your credit report.

Rising Rates Mean Falling Mortgage Applications

Mortgage applications fall for four straight weeks; refinancing picks up as rate increases take a quick breather.

Has the Housing Bubble Burst?

The existence of a housing bubble in the U.S. has been passionately debated throughout the year. Now, reports are surfacing all over the Internet that the housing bubble has finally burst.

Mortgage Basics: Jumbo and Balloon Loans

With so much information of refinancing available, finding the right type of loan can be a challenge. With acronyms galore and tricky financial jargon, even the money savvy get a little intellectually winded. Let's look at a couple of specific types of mortgages: The Jumbo Mortgage and The Balloon Mortgage.

Finding the Right Price for Your Stock

You think you have found a good company, but that doesn't mean it is a good investment. The price you pay for your shares determines whether you make money or not.

Bank Loans For Small Businesses

Commonly, banks tend to be conservative with their funds. Unlike many venture capitalists or angel investors, most banks prefer approving loans for established businesses over a startup company. Read this article to learn what it takes to get a loan from a bank.

Two Borrowing Alternatives to Home Equity Loans

A cash-out refinance and home equity line of credit are two alternatives to a home equity loan.

What Is a Sub-Prime Lender?

A sub-prime lender is a person or institution who offers loans to people with less than perfect credit.

New Commerce Department Housing Numbers Don't Tell Full Story

The Commerce Department released a new report last Friday showing that home sales increased for a second straight month in December. As a result, many of the media headlines over the last few days gave the impression of a housing market on the rebound. While it would be nice to think that the housing recession is coming to an end, the fact is that the new housing numbers don't tell the full story.

Today's Featured Finance Videos

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