Wednesday , 20 January 2021

30-Day-Delinquencies at Lowest Rate Since 1979

A survey published Tuesday by the Mortgage Bankers Association (MBA) showed that among mortgage loans on one-to-four-unit residential properties, delinquencies decreased to a seasonally adjusted rate of 7.65% of all loans outstanding at the end of this year’s Q3. For the period, the delinquency rate dipped 57 basis points from Q2 and rose 368 basis …

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