Tuesday, November 17, 2009

Get a job and pay your mortgage - if you can?!

Mortgage loan delinquency (the ratio of borrowers 60 or more days past due) increased for the 11th straight quarter, hitting an all-time national average high of 6.25 percent for the third quarter of 2009. At the current rate, delinquencies would hit a one-year high this year.

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