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09/15/07
Delinquent mortgages on the rise in Arizona
Filed under: General, Real Estate
Posted by: Lillian Wong @ 4:25 pm

More Arizona homeowners fell behind on their mortgage payments this summer, indicating foreclosures will keep climbing. The number of delinquent mortgages rose half a percentage point during the second quarter of the year. Now, 3.55 percent of all home loans in Arizona are delinquent and could fall into foreclosure, according to the Mortgage Bankers Association.  More…


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