Homeowners at risk of foreclosure increasing

Homeowners at risk of foreclosure increasing

The number of Americans at risk of foreclosure is rising, reflecting the U.S. economy’s continued struggles.

The Mortgage Bankers Association said Monday that 8.44 percent of homeowners missed at least one mortgage payment in the April-June quarter. That figure, which is adjusted for seasonal factors, rose 0.12 percentage point from the January-March period.

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Are you at risk? Check out our Avoiding Foreclosure section for information on your options.