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Monthly Delinquencies Hit Second Straight Low in April

The national delinquency rate hit a record low for a second consecutive month in April, the latest mortgage performance data from Black Knight shows.

Black KnightThe delinquency rate fell from 2.84% in March to 2.80% in April, Black Knight said, bringing overall delinquencies down 40% from the same time last year.

April has typically been one of the worst months for mortgage performance, according to Black Knight.

Read the full announcement from Black Knight.

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