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Mortgage Delinquency Rate Falls to Record Low: Black Knight

According to Black Knight’s “First Look” report on monthly mortgage performance data, the U.S. mortgage delinquency rate dropped to a record low of 2.92% in March. 

arrow down icon 157360 1280The March delinquency rate was down 53 basis points from February, marking a 15% decline—the second largest in 17 years.

The number of past-due mortgages, including active foreclosures, shrank to its lowest since April 2000, according to Black Knight.

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