Interest Rates Are Expected to Creep Up in 2011

Interest Rates Are Expected to Creep Up in 2011 

The Great Recession and the resulting credit crunch did a number on the mortgage industry. In an effort to ease the credit crunch and make funding available to consumers again, the federal government instituted several programs like the bank bailout. As unemployment rose, many homeowners found themselves unable to make their mortgage payments, especially those with adjustable interest rates. Home prices..

Interest Rates Are Expected to Creep Up in 2011

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