Top 10 states for foreclosure in January
Foreclosure filings increased 5 percent from December to January but were down 4 percent compared with a year ago, according to RealtyTrac. The California-based housing research firm reported that 119,888 U.S. properties -- 1 in every 1,102 housing units -- had foreclosure filings in January.
Did your state make the top 10 foreclosure list?
- 1States: According to RealtyTrac, these states had the highest rates of foreclosure in January.
- 2Ratio of foreclosures: Ratio is based on the total number of properties entered into RealtyTrac's database during the month, broken out by type of filing.
- 3Rates: Average interest rate charged in the state for a 30-year fixed-rate mortgage based on Bankrate.com's Feb. 10, 2015, overnight averages.
- 4Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.