A sharp rise in mortgage rates over the last few weeks means it may already be too late for many homeowners to benefit from a refinance. This just as thousands were gaining equity in their homes and finally becoming eligible. At the same time, it is pushing some renters off […]
Tag: Homeowners
Homeowners face foreclosures – Banks
United States lenders are notifying more delinquent homeowners they face foreclosure, a step toward clearing a backlog of properties and helping to accelerate a housing recovery, Bloomberg reported. Initial notices of foreclosure, the start of the process, jumped six per cent in the second quarter from a year earlier, the […]
