Dallas-Fort Worth Real Estate Investor Club

Texas

  • 18 Feb 2012 11:21 AM
    Message # 828825
    Deleted user

    February 17 2012 - STATE'S MORTGAGE DELINQUENCY RATE UP

    DALLAS (Dallas Morning News) – Texas’ mortgage delinquency rate in fourth quarter 2011 was about 

    a third of a percentage point higher than in the 

    previous quarter, the Mortgage Bankers Association reported yesterday.

    During the last three months of 2011, more than 276,000 Texas homeowners (9.07 percent) had 

    missed a mortgage payment. Nationally, the rate 

    was 7.58 percent.

    According to the mortgage bankers, Texas now has the 14th-worst mortgage delinquency rate among the states.

    Last modified: 18 Feb 2012 11:23 AM | Deleted user
  • 18 Feb 2012 4:35 PM
    Reply # 829001 on 828825
    Deleted user

    Great time to pick up "subjet to" deals.  Rentals are booming in the DFW plus you may be able to retain minerals.  Just picked up another one in NRH. www.GetRidofThatPayment.com

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