Saturday , 16 January 2021

Delinquency Rate Tumbles in December, Reversing November’s Large Increase

By Brian Honea

Just one month after experiencing the largest monthly increase in six years, the nation’s mortgage delinquency rate took a big tumble in December, according to Black Knight Financial Services’ December 2014 “First Look” at Mortgage Data released Friday. The mortgage delinquency rate, or the number of mortgage loans that are 30 days or more past due but not in foreclosure, dropped down to 5.6 percent for December – a decline of 7.2 percent from November and 12.7 percent from December 2013.

The post Delinquency Rate Tumbles in December, Reversing November’s Large Increase appeared first on DSNews.

Via:: Delinquency Rate Tumbles in December, Reversing November’s Large Increase

      

Comments

About DS News

DS News

Check Also

How To Treat Your VA

At my appraisal company, Appraisal Precision, we pride ourselves on completing our assignments timely and …