Average U.S. 30-year mortgage rate at 4.2% – Average long-term U.S. mortgage rates declined slightly this week, after marking their largest one-week gain of the year the previous week.

Major Delinquency Metrics Turned Higher in July – Mortgage delinquencies jumped in August, a 5 percent increase which sent the rate to its highest level since February.   At the same time, foreclosure starts declined for the first time in five months, dropping 10 percent from July and 24 percent from August 2013.  There were 81,600 foreclosures initiated during the month.

Bringing a Defective Product Liability Claim – Not all personal injury lawsuits stem from accidents. When a person suffers an injury because of a faulty product they used, they may be able to file a defective product liability claim to recover for their harms and losses (damages).