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Late mortgage payments up on LI

One out of every 10 mortgage borrowers on Long Island was at least 90 days behind on payments in October, said mortgage tracker CoreLogic.

That's 9.92 percent and with 22 months worth of figures showing a gradual, upward trend, the delinquency rate could be more than 10 percent now. Figures for this month won't be available until spring.

The only time the delinquency rate went into double-digit territory was February, when it was 10.09 percent, the latest data show.

In October 2009, 8.77 percent of mortgage borrowers were at least 90 days late, CoreLogic said.

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