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Report: Mortgage Delinquencies increase in August

Calculated Risk... | Mon, 09/21/2009 - 12:34pm | increased mortgage delinquencies, Real Estate, U.S. housing market |  2 comments

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From Reuters: Mortgage Delinquencies Rise Alongside Unemployment (ht Ron Wallstreetpit ) Reuters reports that a record 7.58% of U.S. homeowners with mortgages were 30+ days delinquent in August, up from 7.32% in July ... and up from 4.89% in August 2008. Reuters also notes that delinquencies
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