Wednesday, December 7, 2011

Mortgage Delinquencies Decline


The number of mortgage delinquencies should be
able to decline significantly by the end of next year if the U.S. economy does
not suffer from any more setbacks. The rate of mortgage delinquency is the
ratio of borrowers 60 or more days behind their payments. They could possibly tick
to about 6 percent through the first quarter of 2012. The slowly refining job
market and steadying housing market are contributing to cut this rate.


http://news.yahoo.com/2012-mortgage-delinquencies-seen-dropping-sharply-050638824.html





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