Want to Buy a Foreclosed Home? Try Google Maps or Zillow

With mortgage rates at their highest level in six months, the number of mortgages rising though still near record lows -- Freddie Mac reported that the rate for a 30-year fixed rate mortgage averaged 4.61 percent last week -- this may be an opportune time for buyers. Real estate websites are offering better tools to research foreclosed homes for sale, sometimes at a steep discount. Earlier this month, RealtyTrac announced that in the third quarter of this year, the average sales price of...Full Story
Commenting on this article is closed.