Real Estate Appraisals

Due to the large amount of ARM type mortages adjusting to a highter rate we can soon expect a refinance frenzy, not to mention a fair amount of foreclosure and bank REO appraisal work.  ARM adjustments can boost mortage payments as much as 30 percent more per month.

This entry was posted on Wednesday, April 4th, 2007 at 3:30 pm and is filed under Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.