Tag Archive | "current mortgage"

Top 13 U.S cities with rising Mortgage Defaults (Foreclosures)


Number of Americans fails to make mortgage payments are raising alarmingly. No matter how the media reports it. Here are the facts and figures obtained from different resources which give you insight about current mortgage defaults.

13 b : Miami, Fla. (The Worst)

Miami is a well-known global city due to its importance in finance, commerce, culture, fashion, print media, entertainment, the arts and international trade. An international center for popular entertainment in television, music, fashion, film, and the performing arts, home to the largest concentration of international banks in the United States

The city's Port of Miami is the number one cruise/passenger port in the world

Delinquency rate: 28.8%

 

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