Christmas holidays out as Britons opt to stay at home
New research has shown that more Britons are choosing to stay at home over the Christmas period due to the financial crisis.
The study by the AA found that nearly a fifth of those who travelled last Christmas have decided to stay at home this year.
As well as the economic crisis putting pressure on British consumers, the falling value of the pound has meant that travelling abroad is more expensive compared with last year, Read more
Happy Holidays
This picture really says it all. Discounted Christmas trees. I drove by this tree lot the other day and couldn’t believe they actually printed a banner like this.
Sure it may be a gimmick, but it certainly speaks volumes of the unprecedented crisis we’ve put ourselves into.
It’s been a very tough year as far as mortgage and housing are concerned, and obviously that has spilled over to the broader Read more
Six Tips for Keeping Costs Down During the Holidays
Money is tight.
That’s the sad truth for most Americans today. We wish it wasn’t true, but it is. The economy is struggling and so are many of us. Home values are down in many parts of the country, credit has tightened and unemployment is rising. It’s a big stew of economic uncertainty and it has a taste that repulses the common senses.
So what do we do about it? Cry? Get mad? Spend like fools until the Read more
Homeowners for the Holidays – The Best Gifts for Buyers and Sellers
With Thanksgiving just days away and its adjacent day of shopping mayhem, “Black Friday,” creeping up fast, the holiday season is officially upon us. This year with the market still under duress, it won’t come as a surprise when families turn to practical gifts rather than gifting lavish luxuries. So what are the season’s best gifts for your home? What could you use to improve the value of your home and help you in the Read more
Happy Holidays, We Won’t Foreclose on You, For Now
Both Fannie Mae and Freddie Mac have announced that they will suspend all foreclosure sales and evictions of occupied homes from November 26 until January 9.
That includes 2-4 unit properties as well, many that probably aren’t truly owner occupied. After that, you’re on your own…well, not quite.
The suspension is designed to give servicers time to implement the so-called Streamlined Modification Read more