mortgage

November 2011: Top 10 states for foreclosure

Foreclosure filings were down 3 percent nationally from October to November. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in November. Nationally, 1 in every 579 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

  • *States: According to RealtyTrac, these states had the highest rates of foreclosure in November.
  • *Average price: The average price of all properties sold during the month that were in some state of foreclosure.
  • *Ratio 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.
  • *Rates: Average interest rate charged in the state for a 30-year fixed-rate mortgage based on Bankrate.com's Dec. 15, 2011, overnight averages.
  • *Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.

 

advertisement

          Connect with us
advertisement
advertisement

Blog

Holden Lewis

What’s unexpectedly useful in a 1st home?

A redditor (that's a member of the freewheeling website Reddit) asks: "Homeowners of Reddit: when you purchased your first home, what item did you not think about that ended being very useful to you?" RATE SEARCH: Shop today for a mortgage. What a great question, and the answers are delightful. Some are profane and hilarious.  ... Read more

advertisement

Connect with us