Repo homes or bank foreclosures are homes that are owned by the bank or lending institution. This happens when a landowner stops making payments to the loan and the banks are force to foreclose the homes. The banks usually purchases the repo homes back at a public auction to recuperate the losses. Investing in repo homes can be an excellent way to save money on a new home.
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Select a state in the list below for foreclosure listings of bank foreclosures for sale.
| Mortgage Type | Today | Last Week | Change |
| 30 yr fixed mtg | 3.73% | 3.65% | +0.08% |
| 15 yr fixed mtg | 2.85% | 2.79% | +0.06% |
| 5/1 ARM | 2.60% | 2.59% | +0.01% |
| 30 yr fixed mtg refi | 3.72% | 3.64% | +0.08% |
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