Buying Homes In A Foreclosure Market
Buying Homes In A Foreclosure Market What credit crunch? That’s what many home buyers with solid credit and enough money for the down payment are saying during the current downturn in the real estate market. They are much better positioned than they were before the market turned down. And now, even the 30 year fixed mortgage rate is at a low. Home prices almost everywhere have fallen. If you want to buy a home, and you have the credit qualifications, it’s a great time to buy. So what changed? Because of the housing slowdown, mortgage rates have dropped. Since houses...