Bend / Central Oregon News, Sports, Business, Weather, Entertainment, Classifieds and Local & State Headlines | The Bulletin

Use Advanced Search to filter by date and category. *keyword is required in search field.
start date (MM-DD-YYYY):
 -  - 
end date (MM-DD-YYYY):
 -  - 
category:
Archive Home > 2007 > August > 31 > Default rate up locally, but not at record high

Default rate up locally, but not at record high

Bankers and brokers expect numbers to rise in near future

By David Fisher / The Bulletin
August 31, 2007

A grim scene unfolded a few days ago in Signet Mortgage Senior Vice President Dave Woodland’s office in Bend.

A homeowner with a $360,000 first mortgage and a $70,000 second mortgage stared at the numbers and shook his head.

The man needs to relocate to another city, Woodland said. But....

Read complete article

Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.