The rate at which new foreclosures were initiated in the first quarter was 0.35 percent, the lowest in 16 years, and 10 basis points below the historical average of 0.45 percent.
Nationwide as of April 2016, 66.6 percent of homes were still on the market after 30 days, down from 67.8 percent last year. In Florida that wasn’t the case
Mortgage rates are very attractive for the upcoming spring home buying season, according to results from the Freddie Mac Primary Mortgage Market Survey® (PMMS®).
