RealtyTrac: Foreclosure activity picked up in 120 metros

 · national foreclosure activity fell to the lowest level since Q2 2007, but pockets of America continued to struggle with foreclosures. We drew on RealtyTrac’s report to highlight the 14 metros with the highest foreclosure rate. Note: The metros are ranked by foreclosure rate i.e. 1 in every X homes received a foreclosure filing.

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9:45am | RealtyTrac today released its U.S. Foreclosure Market Report for January, showing foreclosure filings were up 1% from the previous month, but down 17% from January 2010. But the year-over-year drop may be more of a sign that lenders are too understaffed to deal with all the paperwork that goes along with foreclosures, than a sign of recovery in the housing market, one of.

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More than half of US metros post higher foreclosure activity loan applications decline as mortgage interest rates skyrocket Rates Dropped Last Week, but Application Volumes Fell as Well – Despite a decline. earlier the rate was 3.87 percent, with 0.44 point. The average contract interest rate for 5/1 adjustable rate mortgages (arms) decreased.

Boise-area foreclosures. prices pick up,” Jeff Michael, director of the business Forecasting Center at University of the Pacific, told the Merced Sun-Star. Modesto, California: 5.4% Like.

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