Housing Market, 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.

 

Delinquent loans on the rise again, a grim sign for housing

It's an ominous sign for housing. The percentage of homeowners who have missed at least one mortgage payment has risen for the second straight quarter, the Mortgage Bankers Assn. says.

 

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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