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most real estate borrowers. Delinquency rates among home buyers continue almost as low as before the recession. On the other hand, delinquencies and defaults among buyers and developers of commercial properties have reached record highs. Since the risk is higher, loans for commercial long term investments carry a higher interest rate.
If thcr is anything we can do to help you in the field of real estate, please phone or drop in at EILEEN M. DAY, REALTOR, The Clopton House, Washington, Va. 22747. Phone: 675-3400. We’re here to help.
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