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Foreclosure Rates Up In Unexpected Areas

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Foreclosure Rates Up In Unexpected Areas

Economy

Foreclosure Rates Up In Unexpected Areas

Foreclosure Rates Up In Unexpected Areas

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  • <iframe src="https://www.npr.org/player/embed/101933999/101933984" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Some new states have moved into the top 10 in the latest housing foreclosure figures: Illinois, Idaho and Oregon. They are states that had not suffered significantly in the subprime mortgage crisis until now. Growing unemployment may be forcing more and more people to give up on paying their mortgages.

Ethan Lindsey of Oregon Public Broadcasting reports.

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