Mortgage Crisis Is Not Over
Posted By admin on March 28, 2009
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We are only half through this crisis according to Scott Pelley’s report.
Option arm and interest only loans have not hit the market yet.
Interestingly enough, the second mortgage crisis would not have existed without these so called “ninja loans”, the option arm and the interest loan.
It is time to refinance if you qualify. Visit www.amerisave.com/snbrown for the latest rates. Your credit score to qualify for a loan will have to at least be 700 and you may have to pay up to 20% down.
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About the author
mortgage crisis isn’t over yet? i agree, we need to be prepared for more and worse economic crisis.
Mortgages’s last blog post..AIG,WaMu,Lehman Brothers,Fannie Mae and Freddie Mac, Who Next
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Is credit repair a“ scam”? Not the credit repair companies that I am familiar with- their clients enroll, pay a fee and generally graduate the program with higher (usually high enough to qualify for a mortgage) credit scores. That would seem to dis…
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If you were to ask any financial expert whether or not you need to check you credit report, chances are they will tell you it is essential information to check up on at least once a year. The average person, however, has never checked their score and i…
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