Austin Texas Mortgage» Personal Finance http://www.austintexasmortgage.org Mortgage Information for Austin Texas and Beyond Tue, 02 Feb 2010 01:24:08 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 So You Thought The Foreclosures Were Ending? http://www.austintexasmortgage.org/so-you-thought-the-foreclosures-were-ending/ http://www.austintexasmortgage.org/so-you-thought-the-foreclosures-were-ending/#comments Thu, 08 Oct 2009 14:05:37 +0000 admin http://www.austintexasmortgage.org/?p=36 So You Thought The Foreclosures Were Ending? is a post from: Austin Texas Mortgage

]]> While the popular network news stations would like you to think that the recovery is upon us, and therefore the foreclosures and bankruptcies were going to end… the fact is that foreclosures are still likely to be with us in record proportions for the next few years. Check out this article on reuters. It contains a few real nuggets of data that should at least make you think.

The most telling to me is that on average, there is another foreclosure filing in the US every 13 seconds. Yes that’s right… every 13 seconds.

Think about your personal finances. Think ahead of time about how you might be able to withstand a layoff or sudden decrease in income. Better to prepare and not need it, than to be unprepared if it does.

So You Thought The Foreclosures Were Ending? is a post from: Austin Texas Mortgage

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