10/07/08

Updated On 06/11/08 at 07:14AM

NYC's delinquency rates rise



The 60-day mortgage delinquency rate rose in all five boroughs in the first quarter, almost doubling to 2.7 percent compared with last year, according to TransUnion.com. Queens had the largest increase of 92 percent. Brooklyn, the Bronx and Queens had delinquency rates higher than the national average of 3.2 percent. New York state had the 28th highest delinquency rate in the country. TransUnion.com expects the national delinquency rate to reach 4 percent before the year ends. 

More at: [Crain's]


Comments


The Real Deal reserves the right to delete any comment it finds to be rude, obscene, racist, sexist, bigoted,
irrelevant or repetitive, as well as inappropriate comments about anyone's personal appearance.The Real Deal
does not endorse any comments posted on its Web site.

Leave a Comment:

(optional)

(optional)

A d v e r t i s e m e n t s