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This is some follow up to recent thread on home mortgage delinquencies.
It demonstrates a view somewhat different from the original view.
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<meta name="FIRSTPAR" content=" WASHINGTON, July 6 (AP) -- The number of Americans behind on home mortgage payments declined to the lowest level in 28 years in the first three months of the year, an banking industry group reported today. ">
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<H2>Mortgage-Delinquency Rate at 28-Year Low</H2>
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<p> <img src="/images/w.gif" align="left" alt="W">ASHINGTON, July 6 --
The number of Americans behind on
home mortgage payments declined
to the lowest level in 28 years in the
first three months of the year, an
banking industry group reported today.
<p> Surging income and employment
and low interest rates have helped
consumers keep up with payments,
according to the group, the Mortgage
Bankers Association of America.
<p> Mortgage delinquencies were a
seasonally adjusted 3.72 percent in
the January-March quarter, down
from 3.82 percent in the fourth quarter of 1999 and 4.06 percent in the
first three months of 1999, the
group's latest survey showed.
<p> The 3.72 percent rate is the lowest
mortgage-delinquency rate since the
second quarter of 1972, when it was
3.49 percent.
<p> Delinquencies declined in all three
categories -- home mortgage loans
that are 30 days, 60 days and 90 days
or more past due -- and for all three
types of home mortgages: conventional, those insured by the Federal
Housing Administration and those
insured by the Department of Veterans Affairs.
<p> The delinquency survey covers
some 25 million home mortgage
loans made by about 200 lenders.
No
margin of error is given for the survey.
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</x-html>From ???@??? Fri Jul 07 07:08:00 2000
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Date: Fri, 07 Jul 2000 08:55:52 -0500
From: Steve Walker <Steve@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Subject: [RT] Quote.com charts question
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Status:
My charts suddenly are not adjusting for stock splits. I have look everywhere for the setting and cannot find it. Who knows how to set? Thanks.
Steve
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