Foreclosure rates increased both in Maryland and across the country during May as homeowners grapple with the lingering effects of the end of foreclosure moratoriums and high interest rates. A May 2023 data report from ATTOM, a property data group, reported a 7% increase in foreclosure filings nationwide in the past month, and a 14% increase from the previous year.
Maryland, Baltimore see increase in foreclosure rate
June 20, 2023