July 25, 2007

Home defaults likely to grow

Job losses, divorces take toll even before ARMs ratchet up Here's a scary thought about the latest bad news on housing. A surprising increase in late loan payments and defaults among homeowners with good credit is so far coming from traditional woes, like divorces, job losses and unexpected medical bills. (Read More) Source: Baltimore Sun Tags:
Filed under Real Estate News, Mortgage News by Kirk McDonough.
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