Mortgage Delinquencies Hit Four-year High
The share of mortgage loans that became delinquent in April outpaces anything seen during the Great Recession and is the highest rate on record in 21 years, according to CoreLogic’s data. During the month of April, 3.4% of mortgages went from current to 30 days past due, outpacing the 2% high recorded in late 2008. Read more...
As publish in Daily Dose by Krista F. Brock
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