Strip out California, Nevada, Arizona and Florida and Prime Foreclosures Are Down
Submitted by JRodgers (bestcashcow.com)
CNBC is reporting this and it would seem to indicate that things aren't so bad.

Investing, Stocks, Economy, Value, Income, Buffett, Passive, Dividends, Retirements, Recession, Apple, Dividend, Stock, Retirement, Real estate, Google, Market, Housing, Banks, Inflation, Stock market, Oil, China, Interest rates, Iphone.
Related Tags: Real estate, Mortgages, Mortgage foreclosures, Credit crunch, Economy, Foreclosure rates, Mortgage mess, Housing, Housing market, Banking industry.
The titles include Flipping Houses for Dummies in 2006, Foreclosure Investing for Dummies in 2007 and Foreclosure Self-Defense for Dummies in 2008. And they all are from the same author.
Mortgage bankers report hits grim a benchmark in first quarter, showing a record number of homes in jeopardy. This marks the sixth straight quarter in which a record percentage of loans went...
The real estate picture continues to deteriorate. Foreclosures shot up to a record high of 0.83 percent in the October-to-December quarter. Even more astonishing, "The percentage of subprime...
Folks, this is the crux of the economy. If foreclosures continue to increase it's going to bring down all of the leveraged assets that were based partly on high risk loans. These house are the...
CNBC is reporting this and it would seem to indicate that things aren't so bad.
The number of foreclosures reached record numbers in the second quarter led by California, Florida, Nevada, and Arizona. According to data from a report issued by the Mortgage Bankers of...
It is interesting that there are more foreclosures in the mid-West than elsewhere. I guess that there was more predatory lending there and too many folks who got themselves into trouble. Housing...
| Page 1 of 1 |
BestCashCow provides information on the best CD (certificates of deposit) rates, the best money market rates, the best savings rates, and more - as well as financial information that can help you make better decisions with your money.
|
Type
|
Top APY/Rate
|
Institution
|
|
4.00%
|
Dollar Savings Direct
|
|
|
2.64%
|
Vanguard
|
|
|
3.50%
|
Crestmark Bank
|
|
|
4.06%
|
State Bank of India, New York Branch
|
|
|
4.25%
|
GMAC Bank
|
|
|
4.40%
|
Umbrella Bank
|
|
|
4.50%
|
Umbrella Bank
|
|
|
4.57%
|
Discover Bank
|
|
|
5.15%
|
State Bank of India, New York Branch
|
|
|
5.64%
|
US Treasury
|
|
|
3.50%
|
Federal Home Loan Bank (state and local tax exempt)
|
|
|
3.77%
|
Northrop Grumman CU
|
|
|
4.22%
|
Melrose CU
|
|
|
4.37%
|
Melrose CU
|
|
|
5.00%
|
Pentagon FCU
|
|
|
0.03%
|
Various brokerages
|
|
|
0.51%
|
Various brokerages
|
|
|
.99%
|
Various brokerages
|
|
|
1.97%
|
Various brokerages
|
|
|
3.18%
|
Various brokerages
|
See more product and rate information

Where do you think Interest rates are going?

Analysis of CD, Savings, and Money Market Rate Trends.