More fall behind on mortgages

Jan 13, 2007

More fall behind on mortgages
Problem expected to grow as adjustable rates reset

Mortgage delinquency rate

Drop in home sales puts pressure on prices

Job losses lead to drop in home prices

Hard-hit Houston, TX., area sees prices fall 1% in 4th quarter

U.S. price gains 'modest,' housing market cooling

Housing downturn 'appears orderly'

Bernanke foresees economic cooling

Better unity is first goal toward fixing bad lending practices


Some homeowners struggle to keep up with adjustable rates
Rising mortgage payments bust tight budgets, bankrupt some

Housing slowdown pinches pocketbooks



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