Getting Enough Money For A Down Payment
With much of the subprime market gone, not that these kinds of loans were smart to begin with, the days of 0% down mortgages are over. It is back to the traditional, safer way with 10-20%. It may seem like a lot, especially getting closer to 20%, but it makes you much more [...]
Foreclosures Hitting Record Highs
According to a recent article on CNN, home foreclosures have hit record highs. The MBA (mortgage bankers association) reported that 0.78 of all mortgages entered into forclosure in the 3 months ending on Sept 30th, 2007. It is obvious that the sub-prime market fallout is still wreaking havoc on home buyers.
If you are in danger [...]