From the RealEstateJournal Archives
Mortgage Delinquencies
Climbed in Second Quarter
From The Wall Street Journal Online
July 23, 2007
Mortgage delinquencies continued to climb in the second quarter, new data show.
The map below shows how delinquency rates have increased in those metro areas as the housing market has slowed. The pickup in delinquencies has been particularly notable in parts of Florida and California. Nationwide, delinquency rates climbed to 3.15% in the second quarter, compared with 2.87% in the first quarter.
The map below shows the delinquency rates for 200 major metropolitan areas, as tracked by Equifax/Moody's Economy.com.
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