Mortgage delinquencies spike in Manatee-Sarasota. Blame Hurricane Irma

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Sarasota is starting to feel the force. We might lose power very soon. 1:40pm: almost lost power twice.

Tampa Bay mortgage delinquencies climbing due to Hurricane Irma. The percentage of those 90 or more days late inched up to 3.8 percent from 3.6 percent in November 2016. In Florida and Texas, hard hit by Hurricane Harvey "serious delinquencies are up sharply. compared to a year ago, while lower in all other states except Alaska," said Frank Nothaft,

Mortgage delinquencies spike in Manatee-Sarasota. Blame Hurricane Irma Before the hurricane, our market was showing significant year on year downturns in mortgage delinquency rates and foreclosures. The mortgage market looked about as healthy as it could get. Thus, the real estate market looked the same. Within a month of Irma, we started to.

There was a 1.3% uptick in mortgage application defects in September from the previous month, with states affected by Hurricane Florence showing preliminary spikes in activity following the storm, according to First American.

Some owners looking to blame others after Hurricane Irma.. Firework retailers prepare for Fourth of July spike in sales. June 28, 2019, 9:50 a.m.

Mortgage delinquency rates decline nationally, but Florida shows increase due to Irma. by .. but Florida and Texas are still recovering from Hurricanes Irma and Harvey, respectively.

Mortgage breaks for Irma victims. Hurricane Irma is adding only even more stress when it comes to our monthly bills. But you may be able to get a break when it comes to your cable service and.

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After a busy hurricane season, South Florida homeowners continue to miss mortgage payments, CoreLogic said Tuesday.In the three-county region, 11.6 percent of mortgages were delinquent by at least.

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Florida leads nation in February mortgage delinquency rate; Irma could be to blame. About 128,000 hurricane-related delinquent mortgages remain in Texas, Florida and Georgia. Nationally, the loan delinquency rate is up 2.1 percent since last year, but has decreased .21 percent from January to February. Foreclosure starts fell 25 percent from January to February after reaching a 12-month high in January.

Mortgage delinquencies still high. Hurricane Irma’s financial toll on real estate continues, with the latest statistics showing a rise in the number of home mortgages in some stage of default.

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