Refinance mortgage from the experts
Builders are not the only ones predicted to have difficulty this coming year. The largest mortgage insurer in the country, MGIC Investment Corp. , predicted that it would continue to be unprofitable in 2009. Mortgage foreclosures are anticipated to go up even more, which will reduce the bottom line of mortgage insurers who back those mortgages. Loose lending standards over the past decade allowed almost anyone who wanted a mortgage to get one.