If you’ve been thinking about buying a home recently, you’ve likely heard that historically low mortgage rates won’t last forever. That’s correct, of course, but what exactly does “forever” mean. According to a recent UCLA Anderson Forecast, about two more years. The college’s report predicts that effective mortgage rates in the U.S. will continue to …
Category Archive: Top News
Permanent link to this article: http://www.househunt.com/news-realestate/2011/11/mortgage-rate-prediction/
Foreclosure backlogs in some states could take more than a decade to clear off the books
It will take more than eight years in half of the states in the country to clear out backlogs of foreclosures at the current pace, according to research from LPS Applied Analytics shows. And that doesn’t include foreclosures that must go through the court system. In New York and New Jersey alone, it might take …
Permanent link to this article: http://www.househunt.com/news-realestate/2011/11/foreclosure-backlog-getting-serious/
Follow Us
