RealtyTrac: Nat’l Foreclosures Up 17 Percent in 3QJacqueline Gilbert 10.30.06According to their 3Q 2006 U.S. Foreclosure Market Report released today, RealtyTrac reported that 318,355 properties entered some stage of forelcosure nationwide, an increase of 17 percent from the previous quarter and a 43 percent increase from the third quarter in 2005. James J. Saccacio, [...]
Posts from ‘October, 2006’
Adjustable Rate Mortgages
You might see some headlines like this one: “Adjustable-Rate Mortgages Threaten to Sink Borrowers” - before you dismiss it and get angry, read the whole article. A few things emerge:
1. Borrowers who are going to sink worked with the least qualified mortgage professionals out there. They need to work with someone with experience, knowledge and [...]
