Florida Real Estate Effected by Sub-prime Mortgage Troubles
August 9th, 2007Vero Beach, FL - Home sellers continue to hear bad news as the mortgage marketplace has concerns of an upcoming credit crunch. Today it was revealed by some sources that other home owners were also having trouble making their mortgage payments with as many as 5% of all homeowners are more than 60 days in arrears. Now, according to this blog, Fannie Mae is taking action just as oil prices are falling, well at least there’s some good news.