What is Foreclosure?
It's when a homeowner is unable to make principal and/or interest payments on their mortgage. The lender, a bank or building society, can seize and sell the property as stipulated in the terms of the mortgage contract.
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Today's Low Rates
| PROGRAM | RATE | APR |
| 30 Year Fixed | 5.75% | 5.81% |
| 20 Year Fixed | 5.5% | 5.56% |
| 15 Year Fixed | 4.99% | 5.071% |
| All rates shown with 0 points Assumptions |
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