Friday, March 7, 2008

Delinquencies continue to climb - Mar. 6, 2008

"More home owners than ever are losing the battle to make their monthly mortgage payments.

Over 900,000 households are in the foreclosure process, up 71% from a year ago, according to a survey by the Mortgage Bankers Association.

That figure represents 2.04% of all mortgages, the highest rate in the report's quarterly, 36-year history."

Click the link to read more...

Delinquencies continue to climb - Mar. 6, 2008:

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