Move My Realty - Real Estate News

April 21st, 2008 10:26 AM
MORTGAGE DELINQUENCIES

Federal and state governments face growing pressure to respond to the mortgage crisis, yet the pace at which mortgages are going delinquent appears to be speeding up. A new report shows that 4.46 percent of mortgages were at least 30 days past due at the end of the first quarter, up from the fourth-quarter 2007 pace. Delinquencies in the first quarter were highest in Puerto Rico, Florida and Nevada.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n5-041108.cfm

Posted by Ronald Mastrodonato on April 21st, 2008 10:26 AMPost a Comment (0)

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