9.8% on Long Island are behind on mortgage payments
Almost 9.8 percent of Long Island mortgage borrowers were at least 90 days late on payments in September, up from 8.32 percent a year ago, according to the latest numbers from CoreLogic, a California firm that tracks mortgages.
In January 2009, shortly after Wall Street imploded, 5.5 percent of mortgage borrowers here were late three months or more, CoreLogic data show.
Since then, the delinquency rate peaked in February of this year at 10.1 percent, the firm said.
Across New York state in September, 7.3 percent of mortgage borrowers were behind at least three months, the report said, while nationwide, it was 7.8 percent.
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