Mortgage Foreclosure & Refinance Resource

If everything follows their model, the economists say property values should bottom out by mid-2009. If you are a prospective home buyer waiting for the bottom of the housing market, there is another fact you need to take into account: mortgage rates are rising. Rates on a 30-year fixed-rate loan, which were as low as [...]

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The first wave of Americans to default on their home mortgages appears to be cresting, but a second, far larger one is quickly building. Homeowners with good credit are falling behind on their payments in growing numbers, even as the problems with mortgages made to people with weak, or subprime, credit are showing their first, [...]

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