As the Interest Rates Rise...
"Rates on 30-year mortgages stayed above 6% for the third straight week, rising to the highest level in 15 months.
Mortgage giant Freddie Mac reported Thursday that the nationwide average for 30-year, fixed-rate mortgages rose for the seventh straight week to 6.15%, up from 6.10% last week and the highest level since 30-year mortgages were at 6.21% in late July 2004."
more...
Mortgage giant Freddie Mac reported Thursday that the nationwide average for 30-year, fixed-rate mortgages rose for the seventh straight week to 6.15%, up from 6.10% last week and the highest level since 30-year mortgages were at 6.21% in late July 2004."
more...
posted by Little_Silvered at 6:44 PM
1 Comments:
The crash is in progress.
Just ask desperate sellers with no buyers and huge upkeep and mtg payments.
HAHAHAHAHHAHA!
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