Mortgage delinquency rates are on course to hit a record in 2009, TransUnion.com says in its Q3...

|By:, SA News Editor

Mortgage delinquency rates are on course to hit a record in 2009, TransUnion.com says in its Q3 analysis this morning. Delinquencies (60+ days overdue) increased for the 11th straight quarter, hitting an all-time high of 6.25%, up from Q2's 5.81%. Still, it marks the third straight quarter that the rate of increase has slowed.