Unemployment fueling rise in foreclosures among those with fixed-rate mortgages (The Cleveland Plain Dealer)

With April’s unemployment rate hitting 8.9 nationally and 10.2 percent in Ohio, a growing number of people who have lost jobs or income are edging closer to losing their homes and creating another wave in the nation’s foreclosure crisis. Related: Cuyahoga County median home sales price is 28% lower than 2008 as foreclosures keep down prices

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