Foreclosures are boosting the supply of properties on the market and cutting the confidence of home purchasers, sapping demand even as mortgage rates tumble to the lowest in more than half a century. The key number driving foreclosures is the unemployment rate. With the unemployment rate still up, people are unable to meet their bills. Having trouble getting a loan, call United Capital Source today.
Home Prices Decline 5.9% in Second Quarter.
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