Sub-Prime Mortgage woes easing?

mort.jpgThe market may be getting worse day by day but data shows that the numbers of borrowers who are falling on their loan payments may be starting to show signs of leveling off. Figures for April show that there are more people who are able to catch up on their mortgages, maybe due to the fact that people are selling other assets to avoid losing their homes. Remittance reports are showing a slight increase which might be signs that people are indeed trying to pay up but the figure is not too significant to say that the trend is now leveling off and that people are finally catching up on their loans.

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