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    Much of Indiana is rural. Most of Indiana is blue collar. All of Indiana should be alarmed. Indiana leads the nation on the foreclosure of mortgages on homes. There are quite a few reasons this rate has sky rocketed over the past few decades, but none more evident than housing costs outweighing the average Indiana worker's wage. Many Hoosiers fell for the lucrative sub-prime home loan mortgage pitches offered in the newspaper, TV and on radio. But as interest rates jumped, so did the loan payments on these mortgag
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    ds the nation on the foreclosure of mortgages on homes. There are quite a few reasons this rate has sky rocketed over the past few decades, but none more evident than housing costs outweighing the average Indiana worker's wage. Many Hoosiers fell for the lucrative sub-prime home loan mortgage pitches offered in the newspaper, TV and on radio. But as interest rates jumped, so did the loan payments on these mortga
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    rocketed over the past few decades, but none more evident than housing costs outweighing the average Indiana worker's wage. Many Hoosiers fell for the lucrative sub-prime home loan mortgage pitches offered in the newspaper, TV and on radio. But as interest rates jumped, so did the loan payments on these mortga
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    iana worker's wage. Many Hoosiers fell for the lucrative sub-prime home loan mortgage pitches offered in the newspaper, TV and on radio. But as interest rates jumped, so did the loan payments on these mortga
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    the newspaper, TV and on radio. But as interest rates jumped, so did the loan payments on these mortgages. A $900/month mortgage becomes a $1,700/month payment very quickly. Add the fact that an illness or job loss will increase the chance of foreclosure.

    Let's do the math: The average salary in Indiana is $22,000. The average home cost is $165,000. That means the mortgage payment for a 30 year loan will be around $1,100 a month or $13,200 a year.

    That would leave a single bread winner around $9,000 f

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