Wednesday, July 20, 2011

U.S. CMBS Loan Delinquency Rate Drops To 9.02% In June

Another sign a manipulated turnaround in the economy is in its early stages. Few, other than EPJ, see this turnaround in the economy, but the recent money supply growth explosions says it is starting.

The delinquency rate on loans included in U.S. commercial mortgage-backed securities transactions slid in June to 9.02% from 9.18% the prior month, according to Moody's Investors Service's Delinquency Tracker.

 The total balance of delinquent loans for the U.S. dropped to $54.7 billion from about $56 billion in May. That figure has dropped or held steady the past four months after a long streak of increases since October 2007.

It's early stage, so the numbers aren't dramatic, yet. But it appears, the corner has been turned. The price inflation, though, is going to be fierce.

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