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Is mortgage crisis causing divorces?


Money Central
Last updated:
Thu, 24 Apr 2008 02:39:00 +0000

The financial pressure that comes with an escalating house payment or a foreclosure may indeed be playing a role in breaking up marriages, experts say.

The home-mortgage crisis in the United States has spawned problems in the mortgage, real-estate and banking industries, and many consumers now face mortgage-payment increases in the coming months that could cause the number of foreclosures to climb even higher.

And all of those financial woes, experts say, may be spawning another problem: an increase in divorces.


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