Home Foreclosure Rates are Hitting Record Lows in the U.S.
Foreclosure rates have dropped by nearly 85% from their 2009 high in the United States. Data released by the Federal Reserve reveals that there were only about 85,000 foreclosures throughout the country during the last quarter of 2016. To put that in perspective, there were around 550,000 foreclosures during the first quarter of 2009.
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