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2008 US Foreclosure Heat Map

Here is a great resource put out that shows a heat map of the 2008 US Foreclosure Heat Map. This gives you a good idea where the mortgage and real estate markets have fell apart the most.

Last year I recommended that you stay out of real estate investing.  If you did that and accumulated capital, you should be frothing at the mouth at some of the deals out there.  Mortgage rates for those of you with good credit can be found today at 5%, with an average of around 5.3% and [...]

Boy mortgage rates could become extremely attractive if the government bails out banks from their bad debt.  With this happening along with the support of Fannie Mae and Freddie Mac, the mortgage markets could begin to reflect some of the lower interest rates out there.  We’ve seen rates come off over 10% in the past [...]


Best mortgage search available:

Seven percent mortgage is an internet resource providing readers with quality links to help them best determine the value of their home and weight the mortgage options. Sub-prime mortgages were the only 7% we saw, but now things have changed.

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