Tuesday, November 1, 2011

Delinquent mortgages decline in Wisconsin - Kansas City Business Journal:

jidyryq.wordpress.com
The delinquency rate exclude loans in the processxof foreclosure. The percentage of loanw in Wisconsin on which foreclosure was startedx during the quarter rose 12 basisa points to1 percent, while the percentage of loans in the foreclosure process at the end of the quarterd rose 29 basis pointws to 3.11 percent. The rates are not seasonally adjusted. Mortgagw delinquency rates normally drop in the firsgt quarter of the year after peakingat year-end due to a varietyt of seasonal factors. The delinquency rate for prime adjustablw rate mortgage loans decreased 75 basis pointsto 8.49 percengt and the rate for prime fixed rate mortgage loanes decreased 32 basis points to 3.07 percent.
The delinquenchy rate for the subprime ARM loands decreased 156 basis pointsto 25.25 percent, while the rate for subprimr fixed rate loans decreased 136 basis pointzs to 20.47 percent.

No comments:

Post a Comment