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Tag Archives: homeownership
Homeownership During A Recession
The current economic recession caused by the COVID-19 pandemic could make it more difficult for some people to purchase their first home, or for out-of-work homeowners to pay their mortgages. The last recession—the Great Recession (2007-2011)—led to nearly a decade … Continue reading
Foreclosure Rescue Schemes and You
Evidence suggests that individuals who are less financially savvy are more likely to fall victim to financial scams, hold high cost mortgages, and engage in costly credit card behavior. As a result, the cost of limited financial literacy can be … Continue reading
