March: Top 10 States For Foreclosure
By Katie Doyle • Bankrate.
Foreclosure filings rose 4 percent nationally from February to March. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in March. Nationally, 1 in every 1,121 housing units received a foreclosure filing last month.
Maryland1:5274.50%2% to 5.
Ohio1:6634.45%0.537% to 5.
Connecticut1:7844.47%3% to 6.
Delaware1:8204.55%Up to 6.
California1:9444.41%1% to 12.
1States: According to RealtyTrac, these states had the highest rates of foreclosure in March.
2Ratio of foreclosures: Ratio is based on the total number of properties entered into RealtyTrac's database during the month, 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 April 9, 2014, overnight averages.
4Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.
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Katie Doyle is the managing editor for Bankrate.com. Connect with Katie Doyle on Google+, or follow her on Twitter.
30 year fixed, 0 point 4.26% 0.18 4.
15 year fixed, 0 point 3.27% 0.15 3.
5/1 ARM 3.27% 0.14 3.
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