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MORTGAGE DELINQUENCIES

April 21st, 2008 10:26 AM by Ron Mastrodonato

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 in:General
Posted by Ron Mastrodonato on April 21st, 2008 10:26 AM

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