New Mortgage Aid Program: Is it Enough? Foreclosed, Foreclosure, REO Eau Claire Wisconsin
By Shane OnullGorman, Eau Claire Wisconsin, Real Estate Agent & Realtor- Buy or Sell
(Eau Claire Realty, Inc.)
Eau Claire Wisconsin Real Estate Agent I originally posted this in my Eau Claire Wisconsin Real Estate Blog. Doom and Gloom. Thats the news that everyone seems to be sticking to but is it really all that bad? I know our area has been spared somewhat from the overall foreclosure trend. It really isn't as significant as people tend to think, with only a small percentage of homes even affected. The majority of homes in our country are either entirely paid for or are partially paid for. But still the thought is that something should be done to relieve those who are in foreclosure or have the potential of being foreclosed. The new plan was to try to lower interest rates to make it more affordable. Many of the loans that were given out are turning into high monthly payments that people just ...
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