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Top Dec. 2011 foreclosures states: Michigan

By Chris Persaud • Bankrate.com

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Live in Michigan? According to RealtyTrac, a California-based firm that tracks foreclosures, your state had one of the highest rates of foreclosure in December. Nationally, 1 in every 634 housing units received a foreclosure filing in December 2011.

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30 yr fixed average
3.82%

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Mortgage Overnight Averages

Product	Rate	+/-	Last week
30 yr fixed mtg	3.82%		3.73%
15 yr fixed mtg	3.11%		3.03%
5/1 ARM	2.67%		2.68%
30 yr fixed mtg refi	3.78%		3.80%

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