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Friday, Jul 3, 2026

Home Foreclosure Rate Soars in 2007

The number of U.S. homes that slipped into some stage of foreclosure in 2007 was 79% higher than in the previous year, a real estate tracking company said Tuesday. Many homeowners started to fall behind on mortgage payments in the last three months, setting the stage for more foreclosures this year.

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read the full Associated Press article.

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