2 Articles match "ARM","Blog","Ohio"

The Latest from RealtyTrac MORE
ARM'd and Dangerous?
Another nice post from Jonathan Miller on his Matrix blog, "Foreclose Already So We Can Get Back To Normal" ( http://matrix.millersamuel.com/?p=568 Jonathans question reflects a popular bias these days towardsdirectly linking the rising foreclosure rates to default rates onsome of the higher risk loans that have become increasingly popular -ARMs, interest only, negative amortization, etc. And it probably accounts in large part p=568 568 ).
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Credit Card and Mortgage Debt Fuels Foreclosure
Among the hardest-hit states were California, Florida, Texas, Michigan, Illinois and Ohio. Rising interest rates have caught many homeowners in a “can’t pay, can’t sell, can’t refinance” vise, in which their ARM payments are outpacing their incomes and their homes have not appreciated enough to help cover the cost of a refinanced mortgage or to allow them to sell and walk away. Feel free to either post a comment directly to this blog, or send us your thoughts and feedback to editor@foreclosurepulse.com Debt! No word better describes why millions of Americans are now facing foreclosure.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Credit Card and Mortgage Debt Fuels Foreclosure
    Among the hardest-hit states were California, Florida, Texas, Michigan, Illinois and Ohio. Rising interest rates have caught many homeowners in a “can’t pay, can’t sell, can’t refinance” vise, in which their ARM payments are outpacing their incomes and their homes have not appreciated enough to help cover the cost of a refinanced mortgage or to allow them to sell and walk away. Feel free to either post a comment directly to this blog, or send us your thoughts and feedback to editor@foreclosurepulse.com Debt! No word better describes why millions of Americans are now facing foreclosure.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • ARM'd and Dangerous?
    Another nice post from Jonathan Miller on his Matrix blog, "Foreclose Already So We Can Get Back To Normal" ( http://matrix.millersamuel.com/?p=568 Jonathans question reflects a popular bias these days towardsdirectly linking the rising foreclosure rates to default rates onsome of the higher risk loans that have become increasingly popular -ARMs, interest only, negative amortization, etc. And it probably accounts in large part p=568 568 ).
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE