Repossessions rise again in 2006
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Property repossessions rise 9% in the second half of 2006 while annual repossessions hit a six-year high.
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The housebuilder Bovis Homes predicts it will sell more homes this year than it did in 2006.
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Mortgage rates around the country went up this week, although 30-year mortgages still were below 6 percent for a sixth straight week.
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The number of Americans who may lose their homes to foreclosure reached a record in the second quarter as late payments by subprime borrowers surged to one of every seven loans.
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The average asking price of homes up for sale has fallen for a third month in a row, Rightmove says.
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The proportion of UK surveyors reporting falling house prices grows for a six consecutive month.
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A BBC Wales investigation finds repossession figures are the highest for eight years and are set to go on rising.
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Reports of suspected mortgage fraud have doubled since 2005, and government agencies say they cannot keep up.
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The value of goods stolen from shops has hit a 10-year high, a survey of retailers suggests.
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Get up to speed on this resurgent financial trend.
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Sub-prime lenders bring more than half of UK repossession orders despite controlling  6% of home loans, the BBC finds.
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Figures showing falling mortgage approvals and rising repossessions suggest interest rate rises are being felt.
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The rate of delinquencies and foreclosures rose to 4.7 percent from July through September.
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The number of foreclosure filings reported in the U.S. last month more than doubled versus August 2006 and jumped 36 percent from July, a trend that signals many homeowners are increasingly unable to make timely payments on their mortgages or sell their homes amid a national housing slump.
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Landlords are enjoying booming times these days as more people are choosing to rent.
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The rate of home loans entering the foreclosure process rose to a record high in the second quarter of 2007, driven largely by failing subprime mortgages, an industry trade group said on Thursday.
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Massachusetts experienced the second-biggest increase in foreclosure activity in the country last month, according to a report yesterday from a firm that tracks the housing market.