Fannie Mae Reports Mortgage Delinquency Rate Down

By Kyle Chezum Updated on 12/7/2010

12/07/2010

Fannie Mae recently released a report covering mortgage delinquencies in the month of October.  The rate of serious delinquencies has decreased over the past few months, and that trend is likely continue into the new year.

Serious delinquencies skyrocketed over the past two years, but as the economy begins to slowly stabilize, fewer and fewer homeowners fall into the category.

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