Friday, January 31, 2014

Despite Fewer Foreclosure Starts, Sales Rose

Despite Fewer Foreclosure Starts, Sales Rose
The nation's foreclosure inventory fell by nearly a third last year, according to data put out by CoreLogic Wednesday. Despite declining foreclosure starts over the year, distressed sales made up a higher percentage of overall home sales in 2013 than they did the previous year, according to the U.S. Residential & Foreclosure Sales Report released and Economists have predicted that mortgage rates will rise in 2014. It's 2014 — Why Aren't Mortgage Rates Higher?

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