Mortgage Delinquencies Fall In All States

All signs are pointing toward improvement, as a new report from TransUnion shows that mortgage delinquencies have decreased in all 50 states and the District of Columbia from last year. President Obama recently said that the housing market is “healing” as new foreclosures fell by approximately two-thirds. Group vice president of U.S. housing in TransUnion’s financial services business unit, Tim Martin said, “Improving house prices and low interest rates have helped some homeowners across the country refinance or sell their way out of mortgage payments they were having difficulty affording.” More here

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