Friday, March 30, 2007

How Do the Changes in the Sub-Prime Market Affect Our Local Area?

The Wall Street Journal just published an interesting article and map showing the percentages of all mortgages that were originated in 2006 that were sub-prime. For Arlington-Fort Worth is was 13.69%. That is allot of buyers that will not be able to get a loan as easily as last year. Here is a link to the entire article...

http://online.wsj.com/public/resources/documents/info-subprimemap07-sort2.html

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