The U.S. home foreclosure rate has hit the highest level in 25 years. Families across the country are losing their homes. In many cases because falling home prices have made their adjustable rate mortgages no longer affordable.
Tag: loan

Mortgage Loan Expert Unable to Qualify Home Refinance Applicants
Contrary to Mortgage Brokers Association reports of a spike in homeowner refinance applications, president and branch manager of H & R Mortgage, Inc. in Falls Church, Agnes Ginoba, said business is so bad that she’s only at her office once every two weeks – a small space she’s since had […]
Editorial: Complicated Housing Plan
Coming to the decisive vote by the Falls Church City Council this Monday, we continue to firmly support the admittedly-somewhat-unwieldy “City Center South Apartments” affordable housing plan of the Falls Church Housing Corporation (FCHC).
Falls Church Business News & Notes
Arbonne sales director Mary Anne Carlson is offering a unique opportunity to save money and generate product donations in honor of the 4th of July. Now through July 10, purchases made through Carlson directly of $200 or more will receive a 50% discount (not including shipping) and generate a product […]
Jim Moran’s News Commentary
The House passed an economic stimulus package this week. The deal, brokered by Speaker Pelosi and Minority Leader Boehner, in concert with President Bush, provides a timely, temporary and targeted boost to the U.S. economy in order to avoid a looming recession or lessen its impact.
Jim Moran’s News Commentary
Every year, some 200,000 students are unable to attend college because they can’t afford the cost. But this week Congress is sending to the President’s desk legislation that provides the largest increase in college financial aid since the GI Bill of Rights of 1944. It will help millions of students […]
Jim Moran
Congress is poised to act on two important pieces of legislation this week. The first will be to make achieving a college education less expensive and the second will be to end government welfare for big oil companies.
Editorial: How Bad Will It Get?
Dr. Stephen Fuller’s prognostications reported on Page 1 of this edition seem reasonable, including favorable prospects for the City of Falls Church about right-sized and right-located condos. But they came notwithstanding the caveats he always includes in such presentations.