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Mortgage Delinquency rates up in Phoenix

According to the Arizona Republic on Saturday 9.6, Mortgage delinquencies in Arizona had climbed to 6.05 percent at the end of the second quarter up from 5.35 % in the first, the bad news is that the tide of foreclosures is on the way up not down and there is a lot more pain to come, the good news is that homes are more affordable then ever, interest rates are still down and you can buy a nice home for less than renting.

Be careful what and where you buy but buy all the same,

Posted Sunday Sep 07

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