Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

http://www.businessweek.com/ap/2012-11-13/news-summary-late-payment-rate-on-mortgages-dips

AP News

News Summary: Late-payment rate on mortgages dips


RATE DECLINES: The percentage of mortgage holders at least two months behind on their payments fell in the third quarter to the lowest level in more than three years, according to credit reporting agency TransUnion.

THE NUMBERS: The delinquency rate declined to 5.41 percent in the third quarter, down from 5.49 percent in the second quarter and 5.88 percent in the third quarter last year.

THE TREND: The late-payment rate on mortgages has improved because of several factors, including rising home prices and low interest rates that make it easier to refinance and lower their payments.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus