Home foreclosures are on the up across the US as Americans continue to battle against soaring interest rates and rising costs. Last month, 37,679 properties had a foreclosure filing, according to fresh figures from real estate data provider - up 10 percent from the month prior. Foreclosure occurs when an owner can no longer make their monthly mortgage payments and must forfeit the rights to their property as a result. Foreclosure filings include default notices, scheduled auctions and bank repossessions.
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