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April 2013: Top 10 states for foreclosure

Foreclosure filings were down 5 percent nationally from March to April. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in April. Nationally, 1 in every 905 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

  • 1States: According to RealtyTrac, these states had the highest rates of foreclosure in April.
  • 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 May 8, 2013, overnight averages.
  • 4Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.

 

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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.67% 3.62%
15 yr fixed mtg
2.80% 2.76%
5/1 ARM
2.60% 2.58%
30 yr fixed mtg refi
3.65% 3.61%
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