Mortgage Delinquency Rates: Home Destination
Home destination may be highly specialized and require the advantages of an award winning realtor with expertise and lead experience selling Twin Cities area homes. Once hired, we are able to get most new listings on the market within 24 hours, including top quality representation, photos and Internet marketing. We look forward to working with you to get your home sold quickly and for the most money possible. Today’s real estate recovery is challenging, however we meet that challenges with expertise and achieve great success! If you are facing a foreclosure or short sale, Jenna Thuening can help you successfully navigate through the details and to a best result.
TransUnion released some good news in December 2011: the number of home owners with mortgage delinquency problems has gone down. TransUnion expects mortgage delinquency rates to be about six percent the first three months of 2012. The pre-recession average for mortgage delinquency rates was 2%. The peak was 6.9% in 2009. With Minnesota projected to have a budget surplus we can anticipate more good new. Helping to cut the mortgage delinquency rates are a slowly improving job market and a stabilizing housing real estate market. Read about deed-in-lieu foreclosures and how underwater mortgages can refinance.
Print and read all the details on the US Mortgage Delinquency from the National Association of Realtors for the First Quarter of 2011
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