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Loan Modification

: Mortgage Lender Implode-o-Meter

Cost of Living, Consumer Confidence in U.S. Probably Dropped

By Implode-Explode Heavy Industries

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"Rents, which account for about 40 percent of core consumer prices, have been restrained as the foreclosures push more houses into the rental market. Still, apartment vacancies in the U.S. dropped in the second quarter from the previous three months, the first quarterly improvement in two years, according to Reis Inc., a real estate research firm. The improvement signals rents may soon stabilize."

Full post as published by Mortgage Lender Implode-o-Meter on July 16, 2010 (boomark / email).

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