The quarterly survey found the delinquency rate for mortgage loans on one-to-four unit residential properties was 5.59% during the third quarter on a seasonally adjusted basis. That represented an increase of 47 basis points from the second quarter of this year and 92 basis points from the third quarter of 2006.
6% of mortgages are delinquint is a good thing.... Market is going to the moon!!!!!!!
I mean it's not like it's 50%...
Glass half full kids... more than... 95% full...
I mean, it's not like people are losing their jobs...
They arn't losing their jobs and still in forclosure.
The moon Baby!!! Fed is going to cut 2 pts.
Christmas Rally!!! I'm a Contrarian... I'm getting long... Hell I'm getting long....
I'm buying Home Depo.
Just fucking around here.
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