MBA Says Delinquency Rate for Mortgage Loans Fell to 9.47% (Bloomberg)
Feb. 19 (Bloomberg) — The delinquency rate for mortgage loans on one-to-four unit residential properties fell to a seasonally adjusted rate of 9.47 percent of all loans outstanding as of the end of the fourth quarter of 2009, down 17 basis points from the third quarter, and up 159 basis points from one year ago, according to the Mortgage Bankers Association’s National Delinquency Survey.
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MBA Says Delinquency Rate for Mortgage Loans Fell to 9.47% (Bloomberg)
