Fewer Americans Are Behind on Their Mortgage Payments

A combination of rising home values, an improving economy, and the availability of mortgage modifications has finally resulted in a decline in the percentage of Americans that are 60-days or more behind on their mortgage payments.  At the end of 2012 the mortgage delinquency rate was 5.08%.As of the end of 2013, that rate had dropped to 3.85%, which is definitely a trend in the right direction. [2/12]