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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 5.25% 5.31%
20 Year Fixed 5% 5.06%
15 Year Fixed 4.5% 4.56%
All rates shown with 0 points
Assumptions