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national foreclosure statistics: National Foreclosure & Default Numbers Continue to Rise Fouth Quarter 2008 - 04/01/09 01:29 PM
Here is an update of the National foreclosure & default numbers. Please refer to my previous blog titled Stimulus For The Housing Market???????? regarding these #'s if you would like to track the changes.
 
These numbers were provided by the Mortgage Bankers Association on March 5, 2009 which they distribute quarterly.  They are based on 45,000,000 mortgages and are seasonally adjusted. Here are their numbers for the 4th quarter of 2008.
National numbers on all Mortgages
3.30% in foreclosure    
7.88% in default (30+ days late)
11.18% Total in Default    3 out of 100
National numbers on Prime Mortgages
1.88% in foreclosure
5.06% in default (30+ days … (0 comments)

 
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