Friday, February 09, 2007

More Californians at risk of losing homes

The number of Californians defaulting on their mortgage loans is rising rapidly, according to figures released recently, providing striking evidence that more people are at risk of losing their homes.

Default notices jumped 145% in the last three months of 2006, accelerating a trend that began in late 2005 as home sales started to cool.

No comments:

Total Pageviews