Foreclosure Drop - Forex Forum

FXexpert · #1 (**permalink**) 12th June 2009, 03:52

Foreclosures Drop

The number of foreclosures in the month of May dropped by 6% from those filed in April. While this is a significant improvement, it still goes in the record book as the third worst month for foreclosures.

The mortgage situation and housing markets are improving however one out of every 398 households in the U.S. still filed in some way, including repossessions, foreclosures & auctions.

Mortgage loan rates jumped by around .7% from five weeks ago, a factor that could slow the improvement we're seeing in the real estate market.

alessio09 · #2 (**permalink**) 30th June 2009, 12:27

Thanks a lot!

Electron · #3 (**permalink**) 15th August 2009, 13:05

Yeah you are correct that now a days mortgage situation are getting high and many people go in for it.

mikey109021 · #4 (**permalink**) 16th August 2009, 08:31

thanx for dis info..!!

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