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Top 10 States for Foreclosure in April

House 02

 (Reuters)

Foreclosure filings fell 1% nationally from March to April. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in April. Nationally, 1 in every 1,137 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

 

Top 10 foreclosures by state (for April 2014)

National foreclosure filing average: 1:1,137 housing units

States1 Ratio of foreclosures2 Rates3 Income tax4
Florida 1:400 4.37% None
Maryland 1:624 4.35% 2% to 5.75%
Delaware 1:657 4.37% Up to 6.75%
Indiana 1:681 4.35% 3.40%
New Jersey 1:700 4.41% 1.4% to 8.97%
Illinois 1:706 4.37% 5%
Ohio 1:750 4.38% 0.537% to 5.421%
Nevada 1:770 4.23% None
Connecticut 1:887 4.32% 3% to 6.7%
South Carolina 1:890 4.36% Up to 7%
  • 1States: According to RealtyTrac, these states had the highest rates of foreclosure in April.
  • 2Ratio of foreclosures: Ratio is based on the total number of properties entered into RealtyTrac's database during the month, broken out by type of filing.
  • 3Rates: Average interest rate charged in the state for a 30-year fixed-rate mortgage based on Bankrate.com's May 14, 2014, overnight averages.
  • 4Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.

Copyright 2014, Bankrate Inc.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.98% dw 4.26%  
15 Y Fixed Graph 3.03% dw 3.15%  
30 Y Fixed Jumbo Graph 4.28% dw 4.62%  
5/1 ARM Graph 2.95% dw 3.15%  
5/1 Jumbo ARM Graph 3.85% up 3.60%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.38% -- 4.38%  
$50K HELOC Graph 4.07% up 4.06%  
$30K Loan Graph 4.64% up 4.62%  
$50K Loan Graph 4.25% up 4.24%  
$75K Loan Graph 4.25% up 4.24%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 3.06% dw 3.07%  
36 M Used Graph 3.28% dw 3.30%  
48 M New Graph 3.05% -- 3.05%  
48 M Used Graph 2.96% dw 3.03%  
60 M New Graph 3.12% -- 3.12%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.39% up 0.38%  
1 yr Graph 0.62% up 0.60%  
5 yr Graph 1.51% up 1.50%