Mortgage Delinquency Rate Climbs to New Record High in Q3

Posted on December 5, 2008 by

Mortgage delinquencies for U.S. homes in the third quarter of 2008 rose to 6.99% from the previous quarter to 6.41% of all loans outstanding, marking a new record 29-year high, according to the Mortgage Bankers Association's (MBA) National Delinquency…(read more)

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