Data Point
As if Dow 6600 isn’t ‘astonishing’ enough…
12% in Foreclosure or Delinquent
Wow, how is that for a data point?
About 5.4 million American homeowners with a mortgage (~12%) were either behind in their payments or already in foreclosure at the end of 2008, according to the Mortgage Bankers Association.
That’s about one in eight households with mortgages (about half of owned homes in the US have mortgages).
That’s your astonishing data point of the day:
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