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Wednesday, August 24, 2011

'More homeowners in Iowa at least one payment behind'

from desmoinesregister..........

"More Iowans fell behind on their mortgages in the second quarter, likely evidence that the excruciatingly slow economic recovery has worn out homeowners who had tried for months to stay current. 


The number of homes in foreclosure and the number of new foreclosures both dropped, according to a national quarterly survey by the Mortgage Bankers Association. 


But the number of homeowners at least one payment behind rose by almost three-quarters of a percentage point, to 5.83 percent"...............READ MORE

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