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Ryan's District  > RD Today > World & Lebanon Latest News > US foreclosure filings surge 53 percent in June (AP)
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« on: July 10, 2008, 12:42:02 PM »
US foreclosure filings surge 53 percent in June
    (AP)

 

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In this May 9, 2008 file photo. a foreclosure sign stands outside a home in Denver.  The optimism that surrounds a new president taking office cannot resurrect home values overnight, and presidents have no direct ability to reduce rising mortgage rates. Nevertheless, Democrat Barack Obama and Republican John McCain both promise help for homeowners facing foreclosure.  (AP Photo/David Zalubowski, File)" border="0
AP - The number of homeowners stung by the rout in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared with June a year ago, according to data released Thursday.</p><br clear="all"/>


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« on: July 10, 2008, 12:42:02 PM »
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