How Can the Foreclosure Crisis Eventually Affect All of Us?

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The foreclosure crisis engulfing the real estate market has far reaching implications for all of us. In fact, many of us might not have realized the havoc this fiasco could wreak upon not only upon those whose houses were wrongly foreclosed, but also upon those of us owning a house and those of us thinking about purchasing one. In fact, such ramifications could increase mortgage interest rates, title insurance costs and consequently make it harder to purchase, maintain or refinance existing ones.

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Law Advocate Group, LLP on:

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