Bloomberg reports...
The number of Americans who fell behind on their mortgage payments rose to a 20-year high in the third quarter as borrowers were unable to refinance or sell their homes.
The share of all home loans with payments more than 30 days late, including prime and fixed-rate loans, rose to a seasonally adjusted 5.59 percent, [...]
Related Headlines
- Surprise, Surprise Alt-A and Subprime Delinquencies are?UPposted 33 weeks ago on Blown Mortgage
- High-end ARM reset (mild) hilarityposted 71 weeks ago on Blown Mortgage
- 5.7 + 3.7 =posted 55 weeks ago on Blown Mortgage
- Spread the good wordposted 65 weeks ago on Blown Mortgage
- Okay, this is just wrong?.posted 56 weeks ago on Blown Mortgage
- Hmmm?..posted 56 weeks ago on Blown Mortgage
- Off for a few daysposted 29 weeks ago on Blown Mortgage
- Welcome Tom!posted 56 weeks ago on Blown Mortgage
- Want to Know More About Me?posted 63 weeks ago on Blown Mortgage
- The Fed cut rates by .25%posted 56 weeks ago on Blown Mortgage