|

NEW JERSEY-According to the Mortgage Bankers Association,delinquent mortgage loans that are 90 days or more overdue in NewJersey reached 10.54% during Q2 2010, the tri-state areas' highestrate.

New Jersey ranks third nationwide for foreclosed homes with arate of 6.28%. In Florida, the worst affected by the housing marketcrash, had a faulty mortgage rate of 20.13%. New York andConnecticut fared better with mortgage rates of 8.92% and 7.83%,respectively. For the full story, go to Wall Street Journal.


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.