According to CoreLogic, the delinquency rate dropped to 4.4% in June.
That’s down from 7.1% a year earlier and is lower than the rate has been in more than two decades.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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Mortgage Delinquency Rate Falls for 10th Straight Month
The overall U.S. mortgage delinquency rate has declined for a 10th consecutive month, as homeowners weather the economic fallout from a global pandemic. So reports MortgageOrb.
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