More New Yorkers in arrears, foreclosure on mortgages (Newsday)
Story date: 2007-09-06 11:05:13
Added on: 2007-09-06 16:00:04
Some 4.52 percent of mortgage borrowers in New York State were behind in their mortgage payments in the second quarter of 2007, up from 3.86 percent from the same period a year ago, according to the Mortgage Bankers Association. Some 1.35 percent of loans were in foreclosure, up from .94 percent from the second quarter of 2006.
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