Homeowners underwater may benefit from low rates
Deutsche Bank just released a report stating that 48 percent of American homeowners will be underwater by the first quarter of 2011. Maybe that is part of the reason that the Mortgage Bankers Association’s weekly report showed mortgage applications are down?

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This entry was posted on Saturday, July 31st, 2010 at 8:56 pm and is filed under Lender Approved Short Sales. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.