A couple of readers responded to my prior article about the study on local mortgage resets to ask how the projected 2008 resets stacked up against those of 2007. The study&039;s primary author, Joseph Galascione, consulted the archives for me and pulled out some stats on the number of high-risk resets expected each month as compared to the same month in 2007: January and February of 2008 looked pretty much unchanged from a year prior, March increased by 2 percent, April by 5 [...]
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[Source: The Money Blogs]
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