More loans go belly up

Bad loans continue to dog Wisconsin and the nation, with an increasing delay in this compartmentalization and the first quarter of the year, the Mortgage Bankers Association reported Thursday.

In the first quarter of this year was the worst three-month period of closure for new shares, since the industry of mortgage foreclosures monitoring began in 1972 with 0.58% mortgages to USA in the entry process for unpaid debts.

The partitioning national, has pushed mortgage rates to 1.28% from 0.98% a year earlier and Wisconsin rate of 1.51% to 1.16% a year earlier, after reunification.

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