• Warning: Attempt to read property "field_teaser_image" on null in Drupal\lebow_seo\Hook\Token->tokens() (line 99 of modules/custom/lebow_seo/src/Hook/Token.php).
  • Warning: Attempt to read property "field_teaser_image" on null in Drupal\lebow_seo\Hook\Token->tokens() (line 99 of modules/custom/lebow_seo/src/Hook/Token.php).
  • Warning: Attempt to read property "field_teaser_image" on null in Drupal\lebow_seo\Hook\Token->tokens() (line 99 of modules/custom/lebow_seo/src/Hook/Token.php).

WMGK-FM

Appeared on September 8, 2009

David Becher, PhD, associate professor of finance at LeBow College of Business, did a business update about the current mortgage crisis that aired on WMGK-FM.  “The housing market may be bottoming, but concerns remain. Waiting sellers may flood the markets and overwhelm a weak rebound. As mortgage rates reset higher, more Americans may be unable to afford their homes,” Becher said.

“Millions owe more than their house is worth; this won’t change unless prices rise dramatically. While encouraging signs exist in the housing market, we are not out of the water yet.”