New York -- Some housing experts are saying the rate of foreclosures in the U.S. housing market may rise again, and the profile of delinquent borrowers is changing.
"Just looking at the numbers, we would expect there to be a bigger percentage of properties," headed for repossession, RealtyTrac spokesman Daren Blomquist told The Washington Post.
A recent RealtyTrac survey found the rate of foreclosures dropped in February, but homeowners continue to fall behind on their payments. More than 75 percent of homeowners three months or more behind on payments -- termed delinquent borrowers -- have prime loans, First American CoreLogic said, the Post reported Friday.
