“Federal Reserve chairman says delinquencies and foreclosures are likely to rise, and home prices will fall further.” CNNMONEY
More reason if you are a professional loan officer to work with a Federally Chartered BANK.
More reason if you are homeowner to fix your rate, work with a BANK not “garage broker”, and strategically position equity
Will you still be able to refinance though? Some are, even if they are upside down
