|
|
2 Articles match "2007","Help","Texas"
|
The Latest from RealtyTrac
|
MORE
|
|
Credit Card and Mortgage Debt Fuels Foreclosure
Among the hardest-hit states were California, Florida, Texas, Michigan, Illinois and Ohio. Rising interest rates have caught many homeowners in a “can’t pay, can’t sell, can’t refinance” vise, in which their ARM payments are outpacing their incomes and their homes have not appreciated enough to help cover the cost of a refinanced mortgage or to allow them to sell and walk away. Considering that the housing market is expected to continue to be slow through 2007, there could be increases Debt! No word better describes why millions of Americans are now facing foreclosure.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosures Begin 2007 at Two-Year High
Substantial increases in foreclosure activity in Detroit and Atlanta helped drive up the foreclosure rates in Michigan and Georgia. Texas, California and Florida continued to report the top three monthly foreclosure totals among all the states. New foreclosure activity in January hit its highest level since RealtyTrac began issuing a national foreclosure report two years ago, with 130,511 new foreclosure filings reported during the month. That was up 19 percent from the previous month and up 25 percent from January 2006. After dominating the headlines with the highest state
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
-
|
The Best from RealtyTrac
|
MORE
|
-
Foreclosures Begin 2007 at Two-Year High
Substantial increases in foreclosure activity in Detroit and Atlanta helped drive up the foreclosure rates in Michigan and Georgia. Texas, California and Florida continued to report the top three monthly foreclosure totals among all the states. New foreclosure activity in January hit its highest level since RealtyTrac began issuing a national foreclosure report two years ago, with 130,511 new foreclosure filings reported during the month. That was up 19 percent from the previous month and up 25 percent from January 2006. After dominating the headlines with the highest state
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Credit Card and Mortgage Debt Fuels Foreclosure
Among the hardest-hit states were California, Florida, Texas, Michigan, Illinois and Ohio. Rising interest rates have caught many homeowners in a “can’t pay, can’t sell, can’t refinance” vise, in which their ARM payments are outpacing their incomes and their homes have not appreciated enough to help cover the cost of a refinanced mortgage or to allow them to sell and walk away. Considering that the housing market is expected to continue to be slow through 2007, there could be increases Debt! No word better describes why millions of Americans are now facing foreclosure.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
|
|