Home foreclosure at a 10 year high - KWWL - Eastern Iowa Breaking News, Weather, Closings

Home foreclosure at a 10 year high

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DES MOINES (AP) -- A new report from the Mortgage Bankers Association shows that Iowa's home foreclosure rate hit a 10-year high in the fourth-quarter of last year. The report shows that the state's foreclosure rate was 2.17 percent, up from 2.05 percent for the fourth quarter in 2007.

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