NEW JERSEY-According to the Mortgage Bankers Association, delinquent mortgage loans that are 90 days or more overdue in New Jersey reached 10.54% during Q2 2010, the tri-state areas' highest rate.
New Jersey ranks third nationwide for foreclosed homes with a rate of 6.28%. In Florida, the worst affected by the housing market crash, had a faulty mortgage rate of 20.13%. New York and Connecticut fared better with mortgage rates of 8.92% and 7.83%, respectively. For the full story, go to Wall Street Journal.
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