Here are some interesting statistics I found at realtor.org:
50% of people who went through foreclosure did NOT talk to their lender, and they did NOT know that they had options.
The 30 year fixed mortgage rate went from 4.5% in Nov 2010 to 5.15% in Feb 2011.
Lately, cash buyers have accounted for about 29% of transactions.
2004- 90% of home loans were conventional, while 7% were FHA. 2009- 52% of home loans were conventional, while 37% were FHA.