Foreclosures, mortgage delinquencies slowing in Arizona - Mortgage delinquencies and foreclosure starts both declined in Arizona during the second quarter. The delinquency rate for mortgage loans on residential properties was 8.10% at the end of the second quarter, down from 8.22% in the first quarter. Foreclosure starts in the second quarter fell from 1.82% of loans in Arizona to 1.6%. Foreclosures in process fell from 4.84% to 4.2% of loans. Read article:
http://www.bizjournals.com/phoenix/news/2011/08/22/foreclosures-mortgage-delinquencies.html
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