Delinquent mortgages up 58% from year ago

Posted on November 21, 2009
Filed Under Foreclosures, Real Estate News | 1 Comment

The pace at which homeowners are falling behind on their mortgages is declining, however, the overall delinquency rate hit another record.

Comments

One Response to “Delinquent mortgages up 58% from year ago”

  1. wine club guy Mark on December 3rd, 2009 3:30 pm

    It’s unfortunate that so many people are losing their homes, but overall I’d rather see all of this work through the system in a timely manner instead of prolonging it forever in hopes of propping up prices. Isn’t the goal to get back to a healthy market as soon as possible?

    Best of luck in this market! Just think though as a Realtor how good it could be when we get to the other side!

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