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.
-
Navigating the Unchartered Waters: Rising Interest Rates in Mortgage Lending Explore how rising interest rates are affecting mortgage lending and homebuyer affordability in the current market.
Estimated reading time: 0 minutes, 19 seconds
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.
MOST READ STORIES
Fast,Easy & Free
