Saturday , 31 October 2020

Loan Performance Has ‘Progressively Weakened’ During Pandemic

Analytics provider CoreLogic today released its monthly Loan Performance Insights Report for June. It showed that, nationwide, 7.1% of mortgages were in some stage of delinquency. This represents a 3.1-percentage point increase in the overall delinquency rate compared with the same period last year when it was 4%. The housing market is facing a paradox, …

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