Mortgage Delinquencies Fall

TribLive tells MHProNews credit reporting agency TransUnion reports mortgage delinquencies have dropped to a four year low. The percentage of borrowers 60 days late fell to 5.19 percent in the last quarter of 2012, down almost 14 percent from the same period a year earlier. Prior to the housing downturn, delinquencies were below two percent nationally.

(Image credit: HousingWire)

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