#AltReports

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🕵️ Foreclosure Hotspots & Jumbo Mortgage Mayhem!
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🕵️ Foreclosure Hotspots & Jumbo Mortgage Mayhem!

Discover Foreclosure Hotspots and Navigate Rising Interest Rates

Aug 11, 2023
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🕵️ Foreclosure Hotspots & Jumbo Mortgage Mayhem!
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Looking for cities with great foreclosure deals?

Yeah, they're out there, but watch your wallet—interest rates are sky-high, and mortgages have turned as unpopular as a '90s boy band.

Jumbo mortgages are freefalling, and not in that majestic eagle way.

Big banks are running scared and Wells Fargo is having nightmares.

Thinking of ditching rent for a mortgage? In NYC or San Fran, you might end up living in a glorified hamster cage.

In this edition of the AltReports:

🧐 Foreclosure Finds

💥 Rate Rampage

😬 Jumbo Jitters

🏡 Space Squeeze

💪 Distress Dominance

Video of the Week: What’s Behind BlackRock’s Massive Sell-Off?

Chart of the Week: Concession Season

Podcast of the Week: Ultimate Guide to Commerical Loans


The Top 10 Cities in the U.S. To Buy a Foreclosure

Foreclosure frenzy, anyone?

Here's the lowdown on the top 10 U.S. cities where you can snag a foreclosed property without losing your shirt.

Mortgage Demand Drops Again After Interest Rate Hike

FHA loan interest rates have hit a 21-year high, and mortgage demand has dropped like a hot potato.

Rates are soaring, applications are plummeting, and everyone's clutching their wallets like they're on a rollercoaster.

Tracking the Jumbo Downturn

The jumbo mortgage market is taking a nosedive, and it ain't pretty!

Big banks are running scared, and regional ones are dropping like flies.

Wells Fargo's exit? A nightmare for small lenders.

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