Comments on: Beaumont, TX Highest Home Equity Rates in Nation http://urbangrounds.com/2008/08/beaumont-equity/ Sometimes the truth hurts Tue, 14 Feb 2012 16:00:05 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: pam http://urbangrounds.com/2008/08/beaumont-equity/#comment-139596 pam Mon, 11 Aug 2008 13:42:51 +0000 http://urbangrounds.com/?p=2877#comment-139596 It would certainly be interesting to see the predominant loan types that were made in Beaumont, Corpus and El Paso and the age of these loans. It would be nice to see that the majority are fixed rate as opposed to interest only or option ARMs in these areas. Otherwise, all 3 areas could become adversely affected when the loans begin adjusting IF slow appreciation doesn't continue. For now, that is wonderful news. Saying that, I'm surprised El Paso remains in the Top 5 given the propensity for loan fraud there. It would certainly be interesting to see the predominant loan types that were made in Beaumont, Corpus and El Paso and the age of these loans. It would be nice to see that the majority are fixed rate as opposed to interest only or option ARMs in these areas. Otherwise, all 3 areas could become adversely affected when the loans begin adjusting IF slow appreciation doesn’t continue. For now, that is wonderful news.

Saying that, I’m surprised El Paso remains in the Top 5 given the propensity for loan fraud there.

]]>