Lower Delinquency in Commercial Loans

The Mortgage Bankers Association reports that commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the last three months of 2009.
Commercial and industrial loans had delinquency rates of 4.39 percent, followed by commercial mortgages at 5.06 percent.
Construction loans posted the highest delinquency rate at 18.56 percent, followed by single-family mortgages at 12.49 percent.
Source: Associated Press (03/09/10)
© Copyright 2010 Information Inc.