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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (25585)12/2/2004 10:07:28 PM
From: David JonesRead Replies (1) | Respond to of 306849
 
>>>>>foreclosures and delinquencies rise relentlessly month after month<<<<<

Hmm

The MBA has revised its historical delinquency rate series to make it consistent with the increased number of subprime loans now in the survey. The revised series shows that overall mortgage delinquencies are at their lowest level since the second-quarter of 2000 when the rate was 5.51 percent.

mortgagebankers.org