Foreclosure rates hit record high

by juliaredstone | September 9, 2010 at 05:35 am

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What is the best way to prevent foreclosures? Was already at the right time to launch the programs of assistance loans, this time in Iowa.

In 2008, Miller helped launch the Iowa Mortgage Help Hotline, which he says more than 11,000 people have called thus far.

But, at 2.82% Miller said foreclosure rates are at the highest point Iowa has ever seen. Yet they are only at 60% the national average. Miller said the hotline has helped keep they numbers lower.