That was still down 30 basis points, or 9%, from the nationwide delinquency rate at year-end 2021.
At the same time, prepayment activity in December dropped to 0.39%, a new low, according to Black Knight.
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The U.S. mortgage delinquency rate edged higher by seven basis points to 3.08% in the month of December, according to Black Knight’s “First Look” at the data. So reports DSNews.
That was still down 30 basis points, or 9%, from the nationwide delinquency rate at year-end 2021.
At the same time, prepayment activity in December dropped to 0.39%, a new low, according to Black Knight.