How to escape a mortgage messIf payments on your adjustable-rate mortgage are about to go up, act now. Plus, tips for mortgage shoppers.By Mark Trumbull, The Christian Science Monitor From CSM and MSNHistoric fall in home prices The riskiest housing markets Buyers, mortgage brokers walk a tightropeStress in the nation's mortgage industry is putting a financial squeeze on home buyers and homeowners alike.Buyers are finding it harder to obtain home loans as lenders tighten their credit standards or even go out of business.Homeowners with adjustable-rate mortgages (ARMs) face a double whammy. House prices are falling even as their monthly home payments adjust upward in a big way. So when ARMs reset, many may find they can neither make their payments nor sell the house for enough money to c...
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