Hot Fishes Blog

This isn’t really news, but it bears repeating. There is still plenty of bank foreclosure going on these days. In fact, there is so much of it still going on that with the high level of unemployment in the country right now, it’s not going to get a whole lot better anytime soon. What’s truly surprising is that loan rates are so low that banks could probably just  borrow more money and refinance the loans at a much lower rate. The problem is that these banks are soo hooked on the high rates of interest, they would rather just take the loss on foreclosure.