Will Homeownership Bankrupt Americans?
DataMaster
JUNE 9, 2021
in April 2004. Ask a bank or loan officer, though, and their suggestions are higher, ranging from 28% to 35%. Appraisers would be wise to be prepared for an increase in foreclosure appraisals as borrowers discover the extra burden of catching up is frankly too much! By April 2021, the rate fell to 64.6%.
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