Home Mortgage Foreclosures Still In Freefall
September 6th, 2008 No Comments »
If you’ve been thinking that the real estate debacle has bottomed out, you better sit down to read this.
The Mortgage Bankers Association just released a survey showing that the foreclosure rate recently jumped to it’s highest figure in almost forty years.
That means that foreclosures have increased over 40% in the last 12 months!
Now, why is [...]