Mortgage delinquency rates to remain high while credit card rates to drop

By: William E. Lewis Jr. (Diary)  |  December 13th at 03:18 PM  | 

On Wednesday, TransUnion released its annual forecast on two primary consumer credit variables – mortgage and credit card delinquency rates. The national mortgage loan delinquency rate – or the ratio of borrowers that are 60 or more days past due – is projected to decline to 5.06 percent by the end of 2013 from an estimated 5.32 percent this year.  TransUnion forecasts mortgage delinquencies, a | Read More »