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Mortgage delinquencies continued to fall in July, remaining near a 10-year low, with serious delinquency rate posting the biggest decline. July mortgage delinquencies remain near 10-year low
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Mortgage delinquencies have hit their lowest rate in years – and in the case of 30-day delinquencies, their lowest rate in at least 16 years, according to new data from Black Knight Financial.
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The number of delinquencies has fallen by 204,000 since May. Of the delinquent mortgages, 1.17 million are 90 days or more past due. At the end of May, there were 3.81 million distressed properties either delinquent or in foreclosure.
U.S. Mortgage Delinquency Levels Drop Significantly. HomeNews.. it is important to remember that the normal foreclosure rate for the U.S. housing market is about one percent.
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Fall 16.5% from last year. "We’re now at the lowest delinquency levels in nearly a decade, and we anticipate those levels will remain low through the rest of this year." One quarter before, mortgage originations increased slightly in the first quarter from 1.46 million in the first quarter of 2016 to 1.49 million.
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Mortgage Delinquencies Fall to 10-Year Low. November 14, 2017. The share of home mortgage loan payments that are 30 days or more past due fell from 5.2% in August 2016 to 4.6% in August 2017. The foreclosure rate fell from 0.9% to 0.6% in the same period.
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Mortgage Delinquencies Reach 6-Year Low, Near Normal Levels – Finance Post In addition to the pick up in C&I activity, our equipment finance group has. North and South Carolina. Mortgage banking, which is usually softer in the first quarter and insurance rebounding from a.