Technorati Tags: mortgage, forecloseure
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Foreclosure Rates Rise Across the U.S. (NPR)
Home foreclosures are up 38 percent across the country this quarter. Adjustable-rate mortgages tied to rising interest rates may be part of the reason why.
Source: www.npr.org
Metro-area rental house vacancies drop to 4.9% (Rocky Mountain News)
Rising foreclosure and interest rates, as well as an improving economy, drove the vacancy rate for rental houses in the Denver area to 4.9 percent, the lowest rate since Gordon Von Stroh began tracking small rental units in 2003.
Source: www.rockymountainnews.com