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Foreclosure Rates Fall

Foreclosure rates in the U.S. have fallen, according to current data. Home foreclosures decreased 37% year-over-year, averaging 720,000, down from 1.1 million in early 2013. CoreLogic’s most recent National Foreclosure Report states that there were approximately 48,000 complete foreclosures nationally last month, down 5,000 from this time last year. Mark Fleming, chief economist for CoreLogic said, “the inventory of homes in foreclosure and serious delinquency status are back to 2008 levels, yet remain elevated from a historical perspective.” More here

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NMLS ID#: 71222

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Jeffrey Halbert - First Home Mortgage
3240 Ferry Landing Road
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Dunkirk, MD 20754

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This is not a commitment to lend. Terms and conditions of programs, products and services are subject to change. All loans are subject to credit approval and property appraisal. Certain restrictions may apply on all programs. First Home Mortgage Corporation of America, First Home Mortgage Services, and First Home Mortgage Company of Maryland are d/b/a's of First Home Mortgage Corporation. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia, Indiana, Kentucky, Maine, Maryland, Massachusetts Mortgage Lender and Broker (Lic. #MC71603), Michigan, New Hampshire, Licensed by the New Jersey Department of Banking and Insurance, North Carolina, Pennsylvania, Rhode Island Licensed Lender and Broker, South Carolina, Tennessee, Vermont, Virginia, West Virginia. Equal Housing Lender. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). Privacy Policy.