Thursday, 28 October 2021 | The Latest Buzz for the Appraisal Industry

Delinquencies Back to Normal; Lowest Rates Since Feb; Existing Sales Rise Slightly

The national delinquency rate dropped by 7.62 percent in June and is now 42.39 percent below its rate at the worst of the pandemic. Black Knight, in its monthly report, says the June rate, at 4.37 percent, was also back below its pre-Great Recession average. Still, there are 2.32 million homeowners who are 30 or more days past due on their mortgage payments. Even though this is 191,000 fewer delinquent mortgages than in May and

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