The Obama administration on Monday announced long-awaited details of an expansion of a program that helps homeowners refinance to reduce their payments. Mortgage rates have fallen to record lows, and many homeowners would save hundreds of dollars a month if they could reduce the amount of interest they pay. But the housing crash has created… Read More
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With our economy largely based on home building, Phoenix was particularly hard hit, as were areas of Florida, Nevada and Michigan. Although devastating, economic downturns are a normal part of the growth cycle and I am confident that Phoenix will recover soon as we diversify.… Read More