Delinquent mortgages up 58% from year ago
Posted on November 21, 2009
Filed Under Foreclosures, Real Estate News | 4 Comments
The pace at which homeowners are falling behind on their mortgages is declining, however, the overall delinquency rate hit another record.
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4 Responses to “Delinquent mortgages up 58% from year ago”
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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!
The mortgage loans are important for people, which would like to organize their own organization. In fact, this is not very hard to get a bank loan.
Every body acknowledges that men’s life is very expensive, however we require cash for various things and not every one gets big sums cash. Thence to get fast lowest-rate-loans or just consolidation loans should be a proper solution.
Very nice blog keep up the good work. I love finding a place with some quality information.