Thursday, 28 October 2021 | The Latest Buzz for the Appraisal Industry

Mortgage Delinquency Rate Falls to Lowest Level Since Pandemic Began

The national mortgage delinquency rate in June hit its lowest level since the onset of the pandemic, falling to 4.37% of all loans, according to Black Knight’s First Look report.

Black Knight notes that delinquencies have now fallen to below their pre-Great Recession average.

Still, more than 1.5 million homeowners are seriously delinquent (90 days or more past due but not in foreclosure) – nearly four times pre-pandemic levels.

As of the end of

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