Sunday, September 10, 2006

OC Register - "More using subprime loans to buy homes" (9-9-06)

"Proportion of those with higher-cost loans rose across board in Orange County and the country in 2005."

"Rising home costs have forced more borrowers to pay higher loan rates in Orange County as they stretch to bridge the gap between prices and what they can afford, federal home loan data released Friday shows."

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