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Real Estate & Property Law

: Housing Wire

Residential Delinquencies Soar in Q109

By DIANA GOLOBAY

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The seasonally-adjusted delinquency rate among residential mortgages reaches a record high in Q109, soaring to 7.9% from 6.3% in the previous quarter, according to statistics calculated by the US Federal Reserve. It marks the 12th quarterly increase since Q106, when the rate sat at 1.6%, as well as the highest rate in the Fed’s records [...]

Full post as published by Housing Wire on May 19, 2009 (boomark / email).

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