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Maryland, Baltimore see increase in foreclosure rate

June 20, 2023

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.

Article Source: The Daily Record

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