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.
Mortgage Delinquencies Spike 10%
Business and financial news - CNNMoney.com, CNN: Business
Wed, 05/19/2010 - 7:51am
RELATED ARTICLES
- US home sales rebound slightly in February
U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More - Vanilla Ice charged with burglary in Florida
Vanilla Ice has been charged with breaking into and stealing from an abandoned home that is in foreclosure in Florida. More - US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More - New home sales rise, housing recovery still on track
Sales of new single-family homes rose in March, indicating the housing market recovery remains on track. More - Existing home sales edge down, prices rise
Home resales edged downward in March, a pause in the housing market recovery that has helped boost the economy. More
BING NEWS:
- U.S. mortgage delinquency rates remain near historic lows: CoreLogic
In February 2024, the U.S. delinquency rate for residential mortgages stood at 2.8%, down 20 basis points from February 2023.
04/26/2024 - 4:33 am | View Link - Good Debt vs. Bad Debt: Understanding the Difference
Learn about the distinctions between good debt and bad debt in 2024. Learn how to leverage debt as a tool for financial growth while avoiding pitfalls that could hinder your economic health.
04/26/2024 - 3:38 am | View Link - The one piece of Trump’s legacy that haunts Biden
Biden inflation wasn't enough to hurt ordinary Americans. He just announced he's going to let the Trump tax cuts expire. Biden's had three years already to do it, but did nothing.
04/25/2024 - 10:00 pm | View Link - Financial results worsened for IMBs in 2023: MBA
Independent mortgage banks and mortgage subsidiaries of chartered banks lost an average of $1,056 on each loan they originated in 2023.
04/25/2024 - 10:28 am | View Link - This isn’t ‘some brink’ for the U.S. consumer despite concerning economic data, says TCW
A resilient consumer isn’t likely to turn into a wrecking ball for the U.S. economy, according to Peter Van Gelderen at TCW.
04/25/2024 - 10:01 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more