Mortgage Delinquencies Experience Seasonal Rise in April

By Brian Honea

Meanwhile, foreclosure inventory – the total number of mortgage loans in some state of foreclosure – continued its decline toward pre-crisis levels in April by falling 25.5 percent year-over-year down to 1.51 percent, about 764,000 properties. It is the lowest level for foreclosure inventory since January 2008 right at the beginning of the recessi

The post Mortgage Delinquencies Experience Seasonal Rise in April appeared first on DSNews.

Via:: Mortgage Delinquencies Experience Seasonal Rise in April

      

Comments

About DS News

DS News

Check Also

Mortgage Apps Steady; Forbearances Drop Under 6%; Highest Rates in a Month

The Mortgage Bankers Association (MBA) says there was little change in mortgage application activity during …