Housing Market is Showing Encouraging Signs
Recent reports show that the housing market is showing encouraging signs of strength in recent months. However, analysts also caution that the market is mostly responding to government stimulus measures. It’s clear that this federal aid is saving many Americans from loosing their homes and that many more homeowners can benefit from this program.
The Federal Reserve said it will soon stop purchasing home mortgages after accumulating an unprecedented $1.25 trillion in mortgage debt since January. However, Congress’ decision to extend the aid will keep the market “reasonably stable” for another few months. We know that homeowners are still under intense pressure and need to act quickly.
Forensic Loan Audit recommends contacting a home loan modification expert as soon as possible. If you would like to speak with a loan professional call 866 910 7065 or email us at am@ioannoulaw.com
