Late mortgage payments rise in 3rd qtr for first time since 2009; may show start of new trend

View Photo Gallery — How does your city stack up?: The Standard & Poor’s/Case-Shiller home price index offers a monthly assessment of how home prices are faring from city to city. In the most recent report, Washington, D.C. saw the greatest gains in prices.

By Associated Press, Published: November 7 | Updated: Tuesday, November 8, 7:48 AM

NEW YORK — While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners in the U.S. were having a harder time making their mortgage payments.
The rate that mortgage holders were late with their payments by 60 days or more rose in the June-to-September period for the first time since the last three months of 2009, according to TransUnion.

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