mortgage

Top foreclosure states Aug. 2012: Illinois

Live in Illinois? According to RealtyTrac, a California-based firm that tracks foreclosures, your state had one of the highest rates of foreclosure in August. Nationally, 1 in every 681 housing units received a foreclosure filing in August 2012.

Illinois: 1 in every 298 housing units received a foreclosure filing.
Nationally: 1 in every 681
Illinois average foreclosure sales price: $119,855
National average foreclosure sales price: $189,103

 

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Holden Lewis

Lock your mortgage rate now, before Fed makes its move

If you're scheduled to close your mortgage within a month or so, it's probably best to lock the interest rate, mostly for peace of mind.  ... Read more

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