| Jun 16, 2011 10:48AM Could the end be near? There finally appears to be a developing trend of good news on the foreclosure front as filings of all types declined by two percent in May. This is now the eighth straight month that RealtyTrac's U.S. Foreclosure Market Report has shown a month-over-month drop and May filings were 33 percent lower vs. May 2010. Of course, the foreclosures that have caused such disruption to the market and heartbreak for millions of Americans are still occurring at levels that were never imagined... Jun 17, 2011 4:25PM A scary setback early in the week had us on the edge of our seats but home loan borrowing costs managed to recover thanks to a "flight to safety" in the bond market. This helped mortgage rates end the week near the same levels they closed at last Friday. A "flight to safety" happens when investors are nervous about owning risky assets like stocks, but do not want to miss out on earning a return on their funds, so they allocate their money into risk-free government guaranteed U.S Treasury debt to...
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