Delinquency Rates, Foreclosures Dip to Historic Lows

By Seth Welborn

According to month-end data from March, the national delinquency rate has fallen to its lowest point in 11 years, hitting 3.62 percent. The number of non-current properties and the total inventory of loans under foreclosure, both fell to historic lows as well. Prepay speeds increased—a typical indicator of increasing refi activity.

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Delinquency Rates, Foreclosures Dip to Historic Lows

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