Illinois News Index

Rate of foreclosures growing

Publication
Wilmette Life, 2 Aug 2007, p. 7, 9
Description
Creator
Liza Roche
Media Type
Newspaper
Item Types
Articles
Graphics
Notes
Real estate experts say adjustable rate mortgages and other options that are not conventional, fixed loans, are behind the increase in forclosures.

Chart showing forclosure rates in area suburbs on homes valued $350,000 and more for 2005-March 2007. In Wilmette there were 5 in 2005, 17 in 2006 and 2 in 2007 for a total of 24 foreclosures
Date of Publication
2 Aug 2007
Subject(s)
Local identifier
Wilmette.News.290899
Language of Item
English
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