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Real Estate Woes: Families Feel Pressure On Mortgages

Center for American Progress Senior Economist Christian Weller delivers some worrying news about the economy and the real estate market nationwide: new data reports that mortgage delinquencies are on the rise. That's bad news for the economy as it affects people seeking credit, trying to get loans, start busineseses and create jobs. For more on the housing data please see: http://www.americanprogress.org/issues/2006/12/delinquency.html WWW.AMERICANPROGRESS.ORG
Length: 01:17

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