According to recent reports serious mortgage delinquencies are down for the first time in three years. Some believe this could the case due to the tax refunds that homeowners recently received, which could effect whether this figure will continue to decline. There is still a chance that many people will re-default on their loans in the coming months.

This entry was posted on Tuesday, May 11th, 2010 at 6:38 pm and is filed under Foreclosure. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.