Friday, March 29, 2024 | 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

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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