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Florida leads nation in foreclosures thus far in 2014

Florida led the nation in foreclosures during the first half of the year.

A report released last week by the research firm RealtyTrac says Florida's foreclosure rate was the nation's highest for the first half of 2014.

RealtyTrac says 1 in 74 Florida homes had a foreclosure filing in the first six months of the year.

More than 121,000 properties had a foreclosure filing, the most of any state. However, that number was down 22 percent from a year earlier.

Miami had the nation's highest metro area foreclosure rate, with 1 in 61 homes involved in a filing in the first half of the year.

Miami was followed by Orlando, Port St. Lucie, the Space Coast and Tampa in having the top five foreclosure rates by metro areas.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.01% dw 4.03%  
15 Y Fixed Graph 3.12% up 2.97%  
30 Y Fixed Jumbo Graph 4.22% up 4.13%  
5/1 ARM Graph 3.11% up 2.99%  
5/1 Jumbo ARM Graph 3.52% up 3.48%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.67% up 4.32%  
$50K HELOC Graph 4.04% up 3.99%  
$30K Loan Graph 5.00% up 4.99%  
$50K Loan Graph 4.36% -- 4.36%  
$75K Loan Graph 4.36% -- 4.36%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.69% dw 2.83%  
36 M Used Graph 3.18% dw 3.36%  
48 M New Graph 3.02% dw 3.15%  
48 M Used Graph 2.91% dw 3.00%  
60 M New Graph 3.06% dw 3.16%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.39% up 0.38%  
1 yr Graph 0.70% -- 0.70%  
5 yr Graph 1.50% dw 1.51%