After a foreclosure people may wait longer than they need to to apply for a home loan again. In this Mortgage News segment, Brian Gibbons, mortgage specialist, discusses factors that may effect waiting time following a foreclosure as well as  decreasing interest rates in the new year.

For more information about mortgages and loan rates, or to get pre-approved for a home loan, contact Brian Gibbons, mortgage specialist at 775-846-7508 at Eagle Home Mortgage. You can check out the Eagle Home Mortgage website and Facebook as well.