Tuesday, August 23, 2011

In an ominous sign for the housing market, the percentage of homeowners who have missed at least one

Mortgage delinquencies rise for second quarter in a row

"It is clear that the downward trend we saw through most of 2010 has stopped," the mortgage bankers' chief economist, Jay Brinkmann, said after the report was released Monday. "Mortgage delinquencies are no longer improving and are now showing some signs of worsening."

Posted by mark @ 12:04 PM (1232 views)
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4 thoughts on “In an ominous sign for the housing market, the percentage of homeowners who have missed at least one

  • Great. Does anyone know what’s happening with mortgage approvals in Novokuybyshevsk? Can’t believe nobody on here seems to care…

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  • if you read the article it covers the USA probably the most important place in the whole HPC scenario after all the trouble started there and spread.

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  • What? Why was my first comment: “Nice one, Mark!” removed? Are we in Iran?

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  • Pelethar – don’t be silly, of course we aren’t. Although if you have any information about house prices in Iran I think that would be particularly relevant to a site such as this…

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