What if I can’t pay my mortgage? RLG Transactional Dept. Director Cameron Carter comments

By Catherine Reagor | The Republic Foreclosures recently hit a 15-year low in metro Phoenix but could quickly climb as more homeowners can’t pay their mortgage because they lost income or jobs during the COVID-19 pandemic. Already, a record number of Arizonans have applied for unemployment benefits as businesses have shuttered or scaled back operations to slow the spread of the coronavirus. Help is being …

Mortgages: Come full circle?

By Jim Belfiore and Jordan Rose | East Valley Tribune Anyone who owned a home a decade ago knows a little something about how housing values can fluctuate. Prior to 2006, most U.S. homeowners thought home values went only one direction: up. Sure, some years prices moderated, but generally, they went up 3 percent to 5 percent, and in some …