As more homeowners default on their bad credit mortgages, the rental market has been flooded with new renters and many are finding it difficult to get a place to live. Landlords are considering credit histories now and a foreclosure on a bad credit mortgage may make it hard to find a rental property. However, there […]
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Bad Credit Mortgage Payments Falling Behind
Posted on June 19th, 2008 by justin
Consumers are finding it increasingly difficult to keep making the payments on their bad credit mortgages and keep up with their other bills. Recent studies have shown that consumers are defaulting on their bad credit mortgage payments in record numbers and the trend is expected to continue. The state of the economy is being blamed, […]
Bad Credit Mortgages Rates Go Up Again
Posted on June 13th, 2008 by justin
Although many had hoped that the interest rates for bad credit mortgages would fall, the latest data indicates that the reverse is happening. It appears as though banks are trying to limit their risks with bad credit mortgages in any way that they can and rates are definitely going up. It is now almost impossible […]
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