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Foreclosure rate high but still well below crisis levels – One in every 439 homes was in some stage of foreclosure. six of every 10 sales in Shasta County in 2011 were either a foreclosure or short sale. “The rule of thumb was if you could rent your house.
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Using Equity To Refinance Veterans Administration Loan Programs Do You Have Enough Equity To Refinance? – Bankrate.com – A spike in home sales and prices combined with a boom in low- and no-down payment mortgages a few years ago explains why so many new homeowners don’t have enough equity to refinance today.
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