Foreclosures Increase in 1Q 2010

04/29/2010

Foreclosures Increase in 1Q 2010

The latest foreclosure report from RealtyTrac, an Irvine, California firm that reports on distressed properties, delivered mixed news for the housing market. The overall foreclosure rate in the first quarter of 2010 increased seven percent from the previous quarter and sixteen percent from the first quarter of 2009. According to the report, one out of every [...] http://bit.ly/dczvfk

Apr 29, 2010 1:04:13 PM

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New Home Sales Skyrocket Upward New home sales for March 2010 spiked up 27 percent from February, according to numbers released last Friday by the Commerce Department. It was the highest percentage gain form the prior month in almost 47 years. Also increasing from a year ago was the median sales price of a new home which rose 4.3 percent, to [...] http://bit.ly/a9dFRm

Mortgage Rates Fall as European Debt Crisis Grows The average U.S. mortgage rate on 30-year fixed rate mortgages was 5.06 percent for the week ending April 29th. This is a slight decrease from the previous week, but is still well above the record low of 4.71 percent in early December. Thirty-year fixed rate mortgages have averaged around 5 percent in the first quarter of [...] http://bit.ly/d8f4Rp

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04/29/2010

Foreclosures Increase in 1Q 2010

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