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Infographic – The Meltdown Of The Mortgage

By on November 14, 2013 in Mortgage Infographics

Mortage Meltdown

Between 2010 and 2015, 3 million former homeowners will become renters due to the housing collapse. Furthermore, the overall state of the economy has created a new culture of frugality, with americans valuing financial security over luxury. 52% of the general population rates themselves as highly frugal, while 82% say that the economy has caused them to be more cost-conscious.

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About the Author: Jessica Lucas is the managing editor for Mortgage Home Base, a top real estate finance blog dedicated to helping borrowers and home buyers understand the home loan process. Follow Jessica on Google +, and share your comments here. .
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