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Real Estate & Property Law

: Housing Wire

Home Equity Loans See 3.52% Delinquency Rate in Q1

By DIANA GOLOBAY

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With record waves of job loss pushing unemployment up to 9.5% in the US, consumers are finding keeping current on mortgage payments and other debt increasingly difficult, if delinquency rates are any indication. In the first quarter alone of 2009, more than 2m workers lost their jobs, according to the American Bankers Association’s (ABA) Consumer Credit [...]

Full post as published by Housing Wire on July 07, 2009 (boomark / email).

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