12 pct. are behind on mortgage or in foreclosure
(AP)
Yahoo! News: Personal Finance News —
... AP - An industry survey shows a record 5.4 million American homeowners with a mortgage, or nearly 12 percent, were either behind on their payments or in foreclosure at the end of last year. ...
12% in Foreclosure or Delinquent
The Big Picture —
Wow, how is that for a data point?
About 5.4 million American homeowners with a mortgage (~12%) were either behind in their payments or already in foreclosure at the end of 2008, according to the Mortgage Bankers Association.
That’s about one in eight households with mortgages (about half of owned homes in the US have mortgaes).
That’s your astonishing data point of the day:
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Source:
12 pct. are behind on mortgage or in foreclosure
Associated Press ...
Data Point
Bear Mountain Bull —
... : 12% in Foreclosure or Delinquent Wow, how is that for a data point? About 5.4 million American homeowners with a mortgage (~12%) were either behind in their payments or already in foreclosure at the end of 2008, according to the Mortgage Bankers Association. That’s about one in eight households with mortgages (about half of owned homes in the US have mortgages). That’s your astonishing data point of the day: Source: 12 pct. are behind on mortgage or in foreclosure


