There are currently 1.8 million homes in various states of mortgage delinquency according to CoreLogic. While the number of foreclosures may have slowed recently compared to the last three years, inventory is sitting at a nine months' supply. That means there are about 470,000 homes repossessed by lenders … [Read more...]
Refinancing Today May Come With Reduced Benefits
February 28, 2009 By Leave a Comment
The real estate boom brought with it incredible opportunities for people looking to buy a home. It also allowed those who were already homeowners to refinance easily. At the time, the possibilities for buying a good home with a small amount of money and weak credit were abundant. The soaring prices … [Read more...]