Foreclosures
Prediction: The bottom of the real estate market
Mortgage foreclosures increased 57% in March 2008 as compared to March 2007. In just a couple months, the final significant wave of adjustable rate mortgages (ARMs) will readjust (in May - June 2008). This will likely be followed by a crest in defaults anywhere from 3 to 6 months after the resets occur […]
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