Mortgage And Real Estate News

Saturday, August 24, 2013

Ariz. home delinquencies dive - USATODAY.com


Arizonans are again putting up the nation's best numbers in terms of cleaning up mortgage problems.

The proportion of homeowners with past-due home loans from April through June fell more sharply in Arizona than in any other state, reported credit-bureau TransUnion in a new study.

Arizona's mortgage-deliquency rate plunged from 6.14percent in the second quarter of 2012 to a current reading of 3.58percent. It was the fourth straight quarter that Arizona had the nation's biggest decline in the proportion of loans 60 days or more past due, measured over a 12-month period.

Read more...Ariz. home delinquencies dive - USATODAY.com

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