10% of American homeowners fell behind on mortgage payments or are in foreclosur

One in 10 American homeowners fell behind on mortgage payments or were in foreclosure during the third quarter as the world’s largest economy shed jobs and real estate prices tumbled.

link: (http://www.bloomberg.com/apps/news?pid=206...)
submitted by: Gnome Dec 6, 2008
category: News keywords: economy, home, payment, debt, foreclosure


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Wow, that means like 3 houses on my street are in trouble...

posted by: undone4937 Dec 6, 2008

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