Mortgage Default at Record High

By
Services for Real Estate Pros with HomePointe

 

There is an increase in foreclosures from people with good credit and fixed rate mortgages. Due to unemployment we are seeing homeowners making late payments or going into foreclosure.

Most economist say the worst is over for the bad economy while others suspect home prices will continue to fall as more homes go into foreclosure due to unemployment.

 

 

 

Alexandra Machado

www.HomePointe.com

HomePointe Property Management

5896 South Land Park Drive

Sacramento, CA     95822

916-429-1205 FAX 916-429-0389

 

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