Tag Archives: Foreclosure Pre-Sale Inventory

The rate ticked down 53 basis points to end March at its lowest level ever.

According to Black Knight, mortgage delinquencies were up seven basis points month-over-month but down 9% year-over-year. Also, prepayments fell for the third straight month.

However, November’s total of starts still trails highs seen in June 2022 and remain well below pre-pandemic levels.

Black Knight’s first look at month-end data for October 2022 found prepayment activity reaching a new low.

The nationwide mortgage delinquency rate in October fell to its lowest level in seven years, according to Black Knight Financial Services' "First Look" at October 2014 Mortgage Data released on Friday.