US mortgage delinquencies rise to 4.8% from 4.24%

Mortgage foreclosures fall to 1.23% from 1.29% The delinquency rate for mortgage loans rose to 4.8% in the third quarter versus 4.24% last quarter. Earlier today in the US, housing starts for October advance sharply to 1290K vs 1135K last month. That was much better than expectations of 1190K.
US mortgage delinquencies rise to 4.8% from 4.24%