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Friday, February 19, 2010


Many who predicted in 2010 was a year of recovery of the global economic crisis. But not a few who still put too cautious stance even further to predict the coming crisis of global crisis aka second stage.

Fortunately, in 2009 the positive sentiment and spirit of optimism successfully raised the indices of global stock markets from collapse. And in 2010, with the same spirit, is expected to be a year of recovery.

According to ANALYST, most people are too happy with the euphoria of recovery in 2009, so missed seeing the signs of further crises. Subprime Mortgage may have passed. But he insisted, Subprime Mortgage is not the only high-risk mortgage products in the U.S..

The others product that like Mortgage are Alt-A and Option ARM. Two of these products are often known as Ninja loans (No Income, No Job and Assets) which means that mortgages for people who have no income, employment and collateral.

The differences between Subprime mortgages and Alt-A and Option ARM are :

Subprime mortgages are high-risk option offered with attractive, at least look like it. In the first year, Subprime borrowers are not charged interest. New interest charged after the first year.

Alt-A and Option ARM gives borrowers the flexibility to pay the mortgage during the first 5 years. After 5 years will be subject to periodic interest rate adjustments.

If Subprime worth U.S. $ 1.5 trillion alone makes the world in shambles, can imagine what would happen if the product the customer was Alt-A and Option ARM are also not able installments after an adjustment of interest rates that will occur mid-year 2010. Commercial property loans are showing signs of collapse. For the record, the value of commercial real estate loans in the U.S. reached U.S. $ 3.5 trillion.