Jurisdictions across the metro area faced wildly different foreclosure situations as another round of rate adjustments hit the holders of variable mortgages.
In Prince William, already hard hit by the foreclosure crisis, the number of filings rose 14.68 percent last month jumping from 1,328 filings in May to 1,523 filings in June. Data from Irvine, Calif.-based RealtyTrac, a Web-based foreclosure listing company, show Prince William continued to have the highest foreclosure rate in Virginia, with one out of every 86 households facing foreclosure filings. In comparison, the national rate was one out of every 501 households in June.
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