Monument Properties AZ

If you have been putting off buying a home...you may want to rethink your decision. Mortgage rates right now are at a  30 year low. Read the article in USA Today.

The Obama Administration in late March was requiring banks to consider lowering balances in loan modifications. Who doesn't seem to be listening? Looks like Freddie Mac and Fannie Mae backed loans are not following Obama's request. If they change their tune and start lower balances...can this mean a reduction in the amount of foreclosures ...