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not involved in subprime lending,” he said.
Leake said the bank has seen a “slight increase” in delinquencies on consumer-related loans, such as automobile and home-equity loans. “But nothing for us that we would deem unacceptable," he said.
The waiting game
Rappahannock, like many areas of the nation right now, is a buyer’s market.
“Our biggest impact is days on market,” Emery said. “We haven’t seen the price drops we’ve seen in other counties, but it takes longer [for a house to
72.8%