Yes, there will be more foreclosures. We just had a meeting in St. Louis with Jay Pappasan from Keller Williams University and he said that there are many more adjustable rate mortgages that are going to reset this year. When the rates adjust/reset then many homeowners will be forced into positions that they can't afford. Hopefully, the HASP program will help homeowners who are current on their mortgages to refinance and lower their current payments into 30 year fixed notes. I believe we are near the bottom of the crisis, but only time will tell if I am right! If you'd like to know the value of your home and the prices of homes sold around you, go to www.WhatDidMyNeighborsHouseSellFor.info. It will update you monthly on the activity surrounding your property. If you'd rather I set it up for you, just email me at AskCathy@kc.rr.com. Jodie Roemer at Bank of America is a great resource for info on the HASP Program. I can get you her number if you'd like to visit with her as well. Thanks!