No Better Time Than Now
According to Good Morning America Report
Can You Profit From the Mortgage Market?
How the rise in foreclosures affects homeowners and buyers.
The majority of the homeowners in the U.S. have traditional mortgages with fixed rates and are in good shape.
There has been no better time than now. Inventory is up and the median home price has gone done the past 12 months. Home prices have declined 3.2% in the past year. Mortgage rates are still historically low. They are much lower than they were a decade ago. If you are pre-approved you know that you are on more stable ground than in recent years.
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