Saturday , 23 January 2021

Mortgage Delinquencies

Mortgage Delinquency Rates Nearly Double What They Were a Year Ago

The U.S. mortgage delinquency rate in September stood at 6.3%, up substantially since September 2019 when it was 3.8%, according to CoreLogic. Still, overall delinquency rates have declined since the peak impact of the pandemic, seen in May. Early-stage delinquencies (30 to 59 days past due) stood at 1.5% of all loans, down from 1.9% in September 2019, and down …

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