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Updated: 10:56 PM Sep 10, 2007
Why Are There So Many Foreclosures?
State wide foreclosure rates are up 36% since this time last year and adjustable rate mortgages are what's being blamed Posted: 9:55 PM Sep 10, 2007Reporter: Phil Dinges Email Address: phil.dinges@weau.com |
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i think that it is crazy that so many people are losing there homes. There are so many houses going up everyday for this reason. people need to have a plan on what they do and how they are gonna take care of there family. Because when you have a foreclosure you lose all your money and it really hurts people. I am just a teenager but i know what i am talking about.
My home went into foreclosure and the actioned it off with out me knowing about the action. Now I have to find some where for me and my 3 children to go. The payments way up.