Delinquency Rates Heading in the Right Direction?

CoreLogic’s latest Loan Performance Report found that 4% of mortgages in March 2019 were delinquent 30 days or more, which is just a 0.3% decline year-over-year and unchanged from February. The largest annual gains in serious delinquency rates came in metros heavily affected by hurricanes. Panama City, Florida, saw a 1.9% increase, and Albany, Georgia, …

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