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mortgage foreclosure rates 2009

October 6th, 2008 by admin



mortgage foreclosure rates 2009
Is the subprime mortgage meltdown a sign of things to come?

Countrywide said that the housing market won’t recover until at least 2009.

Stocks lost major ground again–falling 311 points.

Many homeowners are facing reality in terms of higher interest rates, mortgage payments and a record number of home foreclosures–not to mention a glutton of unsold homes on the market.

Is this what Bush meant by a “home ownership society”?

Housing has been increasing in double digit percentages for the last five years. Energy costs have doubled. Yet income has only risen in the 2-4% bracket. As with the tech bubble what we are seeing is the housing bubble, which has become un affordable to the majority of people, and as with the tech bubble a correction is being made. Housing has been overpriced, and overtaxed. This is just the beginning folks, and we will be lucky if this does not put us in a recession.

The Alex Jones Show 7 14 2009 Pt 1


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The Law Of Mortgage Foreclosure For Illinois.


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Are you behind on your mortgage payments and need to sell with little to no cost to you? Do you want to purchase a foreclosure home for less than its appraised value? Are you a Realtor …


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