Home Loan Refinance Online Bad Credit Mortgage Ref Mortgage Mess: Michigan and Ohio rank No. 1 and 2 on list of states with largest credit losses (Winston-Salem Journal)
Battered by a declining manufacturing base, stagnant population growth, and low demand for housing, Michigan and Ohio rank No. 1 and 2 on mortgage-finance company Fannie Mae's list of states ...The reasons for their woes are as different as their climates. Michigan and Ohio share something with Florida and California - some of the nation's highest rates of foreclosed homes and delinquent mortgages. Home mortgages may vary in features depending on the lending institution. One way to find the creditor with the most attractively priced loan is to look in your local newspaper and check to see if it publishes a shoppers' guide to home mortgage credit. These shoppers' guides are widely available and may be used to identify the lenders with low rates. However, basically, the way to find the best loan is to shop around.