Surplus funds, also known as excess proceeds, are the remaining money from a foreclosure or tax sale after all debts and liens on the property have been paid.
LOS ANGELES (AP) — The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what’s traditionally the housing market’s busiest time of the year. The average rate on a 30-year mortgage rose to 7.17% from 7.1% last week,
As homeownership remains out of reach for millions of Americans, mortgage rates continue to be a make-or-break factor. See states ranked from low to high rates.