More grim news for the American housing market, as a new report by the credit bureau TransUnion shows the number of people who have fallen into arrears on their mortgages during the last quarter has increased for the first time since 2009. The number of borrowers missing more than 60 days of mortgage repayments increased
Number of People Falling into Arrears Increases for First Time since 2009
November 11, 2011 by Allison Halliday
Filed Under: Mortgage, Real Estate, US Real Estate Tagged With: Eurpoean debt crisis, mortgage defaults, property market, sub prime mortgages, TransUnion, US credit rating, US real estate
