The number of homeowners failing to make mortgage repayments and having their properties repossessed has fallen to the lowest level in six years, accompanying a decline in unemployment and continued low borrowing rates.
Mortgages ending in repossession were down 15% to 28,900 last year, representing 0.26% of outstanding mortgages, according to the
Most Popular Stories
- Chobani Counters Competition With Expanded Lineup
- Reid: Bundy Backers Are 'Domestic Terrorists'
- Ex-BP Employee Settles Insider Trading Charges
- Venture Investments in U.S. Highest Since 2001
- Colo. Cleantech Program Calls for Entrepreneurs
- Unemployment Rates Down, Job Gains Up in March
- Hiring Fair for Veterans, Job Seekers
- Recordings Reveal a Not-So-Nice Martinez: Editorial
- VW Beetle Marks 65th Year in U.S.
- The Biebs Crashes Drake's Release Party