Many homeowners are taking advantage of declining mortgage rates to refinance out of their adjustable rate mortgages. Even homeowners with a fixed rate mortgage are taking the opportunity to shorten their mortgage terms and lower their mortgage rates and payments as it has been years since mortgage rates have been this low.

This is just more proof that more foreclosures are on the way. Usually mortgages that are insured are "prime" mortgages, showing that the worse is yet to come.

Missouri mortgage lenders were living the life up to 2007. See what happened to some of Missouri's national mortgage lenders as the year progressed.

Has Montana avoided the sub-prime mortgage meltdown all together? We have the national stats on the foreclosure rate in Montana as well as the sub-prime mortgage activity in Montana.

Along with many states throughout the country, Colorado is setting new foreclosure records. Let's see what Colorado officials blame for this crisis and how they plan to keep it from happening in the future.