With recent reports of even higher mortgage defaults, there is an interesting opportunity for real estate investors. The writing in on the walls so to speak but will we listen. There was a very timely article written about How Toxic is Your Mortgage? Some people have refinance to get from under the adjustable mortgage rate loans they took while being attracted to low teaser adjustable rates.

Now, the default rate is high. On Tuesday, March 13, 2007. The anxiety over mortgage lenders, particularly the sub prime lenders that make loans to people with poor credit, pushed The Dow Jones down by more than 240 points according to stock market experts. This is the second-biggest drop in nearly four years.

As an investor, should you buy, sell, refinance or build? Let us know your thoughts.

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Filed under Real Estate Info, Real Estate News, Real Estate Investments, Real Estate Tips by TRD.
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