Foreclosure filings declined by 7.38% nationally from March to April. But these states had the highest rates of foreclosure last month, according to RealtyTrac, a California-based firm that tracks the numbers. Nationally, 1 in every 1,315 housing units received a foreclosure filing last month.
Did your state make the top 10 foreclosure list?
|Rank||States1||Ratio of foreclosures2||Rates3 (%)|
|1||Maryland||1 in 545||3.6|
|2||New Jersey||1 in 565||3.59|
|3||Delaware||1 in 628||3.48|
|4||Florida||1 in 731||3.65|
|5||Nevada||1 in 754||3.51|
|6||Illinois||1 in 942||3.67|
|7||South Carolina||1 in 949||3.67|
|8||Ohio||1 in 971||3.48|
|9||Rhode Island||1 in 1,228||3.44|
|10||Pennsylvania||1 in 1,233||3.45|
- 1States: According to RealtyTrac, these states had the highest rates of foreclosure in April.
- 2Ratio of foreclosures: Ratio is based on the total number of properties entered into RealtyTrac's database during the year, broken out by type of filing.
- 3Rates: Average interest rate charged in the state for a 30-year fixed-rate mortgage based on Bankrate.com's May 18, 2016, overnight averages.
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