Jan 12, 2012 10:49AM Foreclosure activity hit its lowest level in four years in 2011, decreasing by a third from the previous year according to data released today by RealtyTrac. One in every 69 housing units in the U.S. was subject to a filing during the year, 1.45 percent of the total housing stock. Activity also decreased for the month of December and for the fourth quarter of 2011 according to the U.S. Foreclosure Market Report covering the three periods which was released by the Irvine, California company this morning... Jan 12, 2012 3:11PM If we ever get into mortgage-rate-specific sketch comedy, surely we'd link sketches together in Monty Python style, but with a slight twist: "and now for something completely similar." Mortgage Rates held steady to slightly improved today. This comes after yesterday marked the first hint of rate drama we've seen in 2012, which was nothing more than a minor increase to borrowing costs. With each passing day of Best-Execution rates staying glued to 3.875%, we grow more and more weary of the monotony...
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