2
California and Florida show biggest increases in second quarter ...Read the full article
This conversation is closed
- Skip to the latest comment
-
Golden Phoenix from Ottawa, Canada writes: "The U.S. mortgage delinquency rate is 6.41 per cent." That boggles the mind. That means 1 in every 15 is in trouble.
- Posted 05/09/08 at 9:37 PM EST | Alert an Editor | Link to Comment
-
Tim Burns from Canada writes: Good point "Golden Phoenix from Ottawa" - I guess the only silver lining is that many of the mortgages in California arnt for primary residences, but for rental properties purchased on speculation and leverage. i.e. otherwise if 1 in 15 families were experiencing mortgage delinquency, we would all be buying gold bars.
- Posted 06/09/08 at 6:56 AM EST | Alert an Editor | Link to Comment
Comments are closed
Thanks for your interest in commenting on this article, however we are no longer accepting submissions. If you would like, you may send a letter to the editor.
Report an abusive comment to our editorial staff
close
Alert us about this comment
Please let us know if this reader’s comment breaks the editor's rules and is obscene, abusive, threatening, unlawful, harassing, defamatory, profane or racially offensive by selecting the appropriate option to describe the problem.
Do not use this to complain about comments that don’t break the rules, for example those comments that you disagree with or contain spelling errors or multiple postings.
