Minnesota foreclosures at lowest level since 2005

The foreclosure rate in Minnesota for 2015 fell 13% to its lowest level since 2005. The stable Minnesota economy and rising home prices have helped to keep mortgage default rates down.   The Twin Cities mortgage delinquency rate remains far lower than national averages.  This decrease in foreclosure rates is another strong sign of a real estate market in recovery.

Full Article-Buchta, J. (2016, February 25). Minnesota foreclosures at lowest level since 2005. Minneapolis Star Tribune.

Retrieved from www.startribune.com

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