Sep
21
For second-straight month, foreclosure rates rise here - Staten Island Advance - SILive.com
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 Washington Post |
For second-straight month, foreclosure rates rise here
Staten Island Advance - SILive.com, NY - by Staten Island Advance Foreclosure rates on Staten Island were up again in August, marking the second-straight month with an increase. … Foreclosures countywide jumped 80% in August Foreclosure filings surge in August Seattle-area foreclosure rate lower than national average |
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I work for CurrentForeclosures.com, a foreclosures site and have seen a huge increase in the number of foreclosures in the past 9 months. I believe it is a combination of not only sub-prime and ARM mortgages, but also the high number of people who have gotten loans with interest rates at an all time low… in addition to the rapid depreciation in some areas and the difficulty some are experiencing in selling their homes.