Higher mortgage costs won’t put the brakes on homebuying, industry economist says – There’s no sign of an increase in loan defaults in North Texas. "Your foreclosure numbers are non existent," said Rick Sharga, executive vice president with Ten-X, formerly Auction.com. Sharga said.
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Fewer Texans are late with with home loan payments – Fewer Texans are running behind in their home loan payments. In the third quarter 8.3 percent of Texas residents with a mortgage were at least one month behind in their payments. That’s an improvement.
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