Real Estate, Mortgage Payment | featured news

Late payments on mortgages hit 3-year low in 2Q

U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new report.

 

Mortgage delinquencies spike 10%

Mortgage delinquencies spike 10%

A dubious distinction was reached during the first three months of 2010: More than 10% of all borrowers are now behind on their mortgage payments.

 

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