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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.

Today's Low Rates

PROGRAM RATE APR
30 Year Fixed 6.5% 6.53%
20 Year Fixed 6.125% 6.18%
15 Year Fixed 5.75% 5.81%
All rates shown with 0 points
Assumptions