New numbers out show the nation’s foreclosure rate is on the rise with Ohio one of the states with the sharpest increase and Cleveland number one among all major cities.
ATTOM, parent company to RealtyTrac, the largest online marketplace for foreclosure and distressed properties, released its Q1 2022 U.S.Foreclosure Market Report. It found nationwide one in 1,795 housing units had a foreclosure filing in the first quarter, while in Ohio the number was nearly double that with 1 in 991 housing units, which was third highest in the nation behind Illinois and New Jersey.Across the country foreclosures in March were up 181% from a year ago.
Unfortunately, the way the Federal Reserve looks to bring inflation into check is by raising interest rates which cause yet another problem for some struggling homeowners. Another factor to watch in the future he said as those interest rates rise is the impact of that on those who financed with Adjustable Rate Mortgages or ARMs.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ohio medical marijuana regulators changing the definition of THC to include new cannabinoids and close loopholeState marijuana regulators are changing the definition of THC -- the psychoactive substance in the drug that produces a “high” -- to include more cannabinoids, including those traditionally found in hemp.
Weiterlesen »
Buckeye Pipelines: Tom Cousineau, Rodney Bailey and Alex Boone Among Ohio State Stars from St. EdwardSt. Edward has been a dominant force in Ohio high school football in recent years, and some of its biggest stars have found their way to Columbus to play for the Buckeyes.
Weiterlesen »
Kansas State Transfer Guard Nijel Pack Commits to Miami Over Ohio State, Purdue And OthersFormer Kansas State guard Nijel Pack, one of the top transfers in the country, has committed to the Hurricane program over Ohio State, Purdue and others.
Weiterlesen »
Urban Meyer, Ryan Day attend memorial for former Ohio State quarterback Dwayne HaskinsA memorial service attended by Urban Meyer and Ryan Day is the first of three to honor Ohio State quarterback Dwayne Haskins.
Weiterlesen »
Ohio State Defensive Lineman Noah Potter Enters Transfer PortalOhio State redshirt junior defensive end Noah Potter has entered the transfer portal.
Weiterlesen »
Ohio State football defensive lineman Noah Potter enters NCAA transfer portalReserve defensive lineman Noah Potter is Ohio State's second scholarship player to depart since spring practice ended last week.
Weiterlesen »