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	Mortgage Rates view_news_details_ezine.tpl Foreclosures hit some cities harder than others  RateEmpire.com According to a recent data the rates of foreclosures kept on rising in the third quarter in most of the top 100 largest metropolitan areas of the country. Especially the California real estate market has been hit the hardest by the increased foreclosures. In fact California cities like Stockton accounted for seven of the top 25 metro foreclosure rates, while Florida and Ohio each accounted for five of the top 25 spots.   However the report established that there were still parts of the country that have hitherto for the most part escaped the problem of swelling foreclosures, including Virginia and North and South Carolina. It is estimated that 1 million to 2 million borrowers will be unable to avoid foreclosure. Original Article Copyright 2007 RateEmpire.com   Other Recent News from the Mortgage Rates Category: Freeze ARM - Mortgage Still Too Early to Recover MBA releases Delinquency Plan amidst Foreclosure Crisis Treasury Secretary’s Revival Plan: Ray of Hope for Mortgage Market Treasury Secretary chalks out Foreclosure Rescue Plan Defend Yourself Against the Big Bad Housing Market Mortgage Plan To Avoid Foreclosure Pain Mortgage Crisis Hit the Sales & Value of Real Estate Mortgage Market Going Lower With Each Passing Day Foreclosure Crisis Increasing At Alarming Rate Mortgage Crisis Giving more Woes to the Economy GSEs recounted loss, sub prime market in further mess More Losses Expected for the Mortgage Giants Mortgage Rates Going Steady New Worries in the Mortgage Market Mortgage rates expected to level off after the Fed stopped pushing rates up Mortgage Rates Continue to Drop, but Demand Still Low Foreclosures hit some cities harder than others Interest Rate Report - November PMI Insurers may owe Thanks to Piggy-Back Mortgages Homeowners Are Too 'Big' to Fail