Nevada, Arizona, Georgia and California post top state foreclosure rates in first half of 2012.
The number of U.S. homes receiving foreclosure notices topped one million through the first six months of 2012, according to RealtyTrac. California registered the nation’s fourth highest state foreclosure rate the first six months of 2012, with 1.56 percent of housing units with a foreclosure filing. Continue reading →
Click on the Photo for Enlarged Version. Much easier to read!
With last Friday mornings report, the Bureau of Labor Statistics released its Non-Farm Payrolls report. More commonly called “the jobs report”. Depending on the strength — or weakness — of the data, mortgage rates will change. As expected, the numbers were not as good as we hoped for and money started to flow into the “safe haven” of mortgage bonds. Continue reading →