Published on OurFuture.org (http://www.ourfuture.org)
Mortgage Crisis Hits Prime Loans
By OurFuture.org Staff
Created 05/11/2008 - 10:23pm

Article Source: 
http://www.usatoday.com/money/economy/housing/2008-05-08-prime-mortgage-delinque... [1]
Article Publication Date: 
05/12/2008

About 2.3% of prime loans were 60 days past due in February, the highest level in at least a decade. That's up from 1.4% a year ago. The figures remain relatively small so far. But if they rise further, delinquencies on prime loans — given only to those with good credit — could prolong the housing crisis.

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[1] http://www.usatoday.com/money/economy/housing/2008-05-08-prime-mortgage-delinquencies_N.htm