Foreclosure Looming Don’t Give Up Hope!

It looks like the housing market is not out of the thicket yet. Many mortgages are about to reset interest rates that are no doubt going to rise as the economy begins to stabilize. Many experts are forecasting that by the end of the year the worst of the current economic troubles will be over and the markets will continue a very slow uprising. In response, the Federal Reserve just might start rising those interest rates that have seen nothing but cut after cut since September of 2007. Read the rest of this entry »