Who's most at risk for foreclosure? - Buying a House - MSN Real Estate: "Who's most at risk for foreclosure?
There's a flood of foreclosures coming -- about 1.1 million of them, a new study estimates. Here are the borrowers who are most likely to lose their homes.
By Holden Lewis, Bankrate.com
© Comstock Select/Corbis
You have a 1-in-3 chance of losing your house to foreclosure if you got an adjustable-rate mortgage, or ARM, in 2004 through 2006 that had an initial teaser rate of less than 4%.
If you got a subprime ARM in that period, you started out with a higher rate, and that puts you at less risk. You have a 1-in-8 chance of losing your home." San Diego for sale by owner
Showing posts with label home loans. Show all posts
Showing posts with label home loans. Show all posts
Monday, June 11, 2007
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