Michigan Foreclosure Rate SoarsThe Detroit News reports that the number of homes under foreclosure in Michigan doubled from 2004 to 2006 to a rate that is 2 1/2 times the national average. According to foreclosure.com, Michigan had 8,240 homes in active foreclosure on Monday, 8.6% of that nationwide total of 96,019. Our population is only 3.4% of the national average.click to
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