Friday, October 01, 2010

90-Day Delinquencies Fall Again



More evidence that the housing crisis is easing: Fannie Mae said Thursday that delinquencies of 90 days or longer on single-family mortgages declined in July for the fifth-straight month.

The overall delinquency rate fell to 4.82 percent in July, down from 4.99 percent in June. This was a 10-month low.






Source: The Wall Street Journal, Nathan Becker (09/30/2010)


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