The good news is that the pace at which people fell behind on their mortgages slowed during the summer for the third quarter in a row.
The bad news is the overall delinquency rate hit another record.
delinquency rateMortgage delinquencies hit another record in 3QNewsvine - business Mon, 11/16/2009 - 23:04
1Q credit card delinquency rate jumps 11 percentNewsvine - business Sun, 06/07/2009 - 22:27
Credit card holders who in ordinary years might have used their tax refunds to pay down their balances apparently spent the money elsewhere as the recession deepened in the first quarter. |
