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Thursday, August 27, 2009

Report: Mortgage Delinquencies increase in July

by Calculated Risk on 8/27/2009 12:16:00 AM

From Reuters: U.S. mortgage delinquencies up in July: Equifax

Among U.S. homeowners with mortgages, a record 7.32 percent were at least 30 days late on payments in July, up from about 4.5 percent a year earlier and 7.23 percent in June, according to monthly data from the Equifax credit bureau.
There numbers aren't directly comparable to the MBA quarterly numbers, but this shows that delinquencies are still rising.