Mortgage delinquency rate in South Florida dips, but remains high – South Florida Business Journal

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Mortgage delinquency rate in South Florida dips, but remains high – South Florida Business Journal "Mortgage rates. Liquidity remains relatively strong as banks have continued to extend credit lines. reducing concern of a bankruptcy among the major companies." Bad Loans On Houses Are Being.

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But some areas that had low rates in 2004 experienced high rates three years later. figure 3 makes this point more sharply by showing the pattern of increases in delinquency rates between 2004 and 2007, with the largest increases shown in red. The strong regional pattern is evident in the figure.

Florida Foreclosures Show Increase in November The real estate crisis of 2008 continues to drag on in Florida, where foreclosures increased in November 2011, and the state remains high on the nationwide scorecard, ranking seventh overall.

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Mortgage Delinquency and Foreclosure Trends-Florida Fourth Quarter 2011 . This report for Florida is part of the Mortgage Delinquency and foreclosure trends series, released quarterly, which provides information on mortgage market condition s in the six states that comprise the

"Mortgage rates. Liquidity remains relatively strong as banks have continued to extend credit lines. reducing concern of a bankruptcy among the major companies." Bad Loans On Houses Are Being.

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The South Carolina rate was 1.67 percent – down 1 percentage point from 2.67 percent a year ago – and the national pace was 1.70 percent, off 0.80 percentage point from 2.50 percent 12 months earlier.

At the same time, South Carolina’s "serious delinquency" rate. in the foreclosure (inventory) rate is cause for celebration, the total number of homes still in the foreclosure process remains.