More fall behind on mortgages
Jan 13, 2007
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| More fall behind on mortgages |
| Problem expected to grow as adjustable rates reset |
Mortgage delinquency rate
Drop in home sales puts pressure on prices
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| Job losses lead to drop in home prices |
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Hard-hit Houston, TX., area sees prices fall 1% in 4th quarter
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U.S. price gains 'modest,' housing market cooling
| Housing downturn 'appears orderly' |
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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 | |
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| Housing slowdown pinches pocketbooks |
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