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Article: California Mortgage Defaults Drop

This forum post is dated 09/04/10. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.

California - Mortgages (What type of mortgages are available for buyers in California. Buying a home for the first time.. what you should know. Will you qualify for a mortgage in today's financial economy? How much can you really afford for a mortgage payment? What type of mortgage should you avoid at all costs?)

Article: California Mortgage Defaults Drop

Thank author of this post/commentIt may seem that real estate news from California could not get any worse. So when a bit of encouraging news comes along, we want to make the most of it. For example: in the second quarter of this year Notices of Default (NOD's) were down almost 14 percent from the first quarter and down 44 percent from the second quarter 2009.

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