The first issue is going to be situation specific, but something like voter registration is one possible factor that would be considered. What address is on your DL? What about your paystubs/W2? What location does your employer think of as your main office?
regarding rates: to some extent there is less risk to primary vs second homes. Think of it in the general sense of what most second homes are like and choices that people will make - if money gets tight do you stop making payments on the family home or the cabin?
True, but for the fact that the foreclosure fees are highly profitable. If the equity is insufficient to cover those fees, then the bank made a mistake (or the market fell too much). SO: if there is a reduced return on foreclosed mortgages, it wouldn't be very significant. Anyway, thank you 4 info