1 Articles match "Example","Homes","Wichita"
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The Latest from RealtyTrac
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No Place Like Home
Two natural disasters that severely impacted Kansas homes this year have brought the issue to the forefront. Edmiston attributed the rising foreclosures to three factors: a greater share of nonprime mortgages, which inherently come with higher default rates; payment shock that comes when non-traditional mortgage products reset to higher monthly payments; and the low amount of equity in many homes. Edmiston provided an eye-opening example of how a monthly mortgage payment on As state Rep. Tom Borroughs noted this week at a housing conference here, Kansas is not on the cutting edge
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
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No Place Like Home
Two natural disasters that severely impacted Kansas homes this year have brought the issue to the forefront. Edmiston attributed the rising foreclosures to three factors: a greater share of nonprime mortgages, which inherently come with higher default rates; payment shock that comes when non-traditional mortgage products reset to higher monthly payments; and the low amount of equity in many homes. Edmiston provided an eye-opening example of how a monthly mortgage payment on As state Rep. Tom Borroughs noted this week at a housing conference here, Kansas is not on the cutting edge
www.foreclosurepulse.com
- Tuesday, December 16, 2008
