Filling in for Clark Howard, Ilyce talked about the Deutsche Bank study that says 48 percent of homeowners could be underwater with their mortgage (owe more than the house is worth) by 2011, up from 26 percent now. But another study says home prices rose 5 percent in the last quarter. We’ll discuss what’s really going on. There’s a new study out that says women want to shop and are tired of living the frugal life. Is that true? How do you feel about that? Mortgage rates fell to 5.22 percent (30-year fixed) for the first time in 3 weeks. Jobless claims fell to 550,000 last month, with continuing claims to 6.3 million. Are people falling off the unemployment rolls? Look for more details on Ilyce’s blog, including the FREE BOOK and EBOOK deals and a SPECIAL CLARK HOWARD DISCOUNT for the HOW TO PROFIT FROM FORECLOSURE EVENT.
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