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Home Foreclosures Almost Double in July as Rates Rise (Update3...

Home Foreclosures Almost Double in July as Rates Rise (Update3...

Summary: Aug. 21 (Bloomberg) -- U.S. homes facing foreclosure almost doubled in July as property owners with adjustable-rate mortgages saw their payments rise and were unable to refinance because of the subprime crisis, RealtyTrac Inc. said.

Image Dimensions: 488 x 360

Image originally found here.