“The share of U.S. borrowers who are six months or more late on their mortgage payments fell to a two-year low in August and was less than one-third of the pandemic high recorded in February 2021,” said Molly Boesel, Principal Economist at CoreLogic.
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Mortgage Delinquencies Hit Another Historic Low
According to CoreLogic, the nation’s delinquency rate in the U.S. in January 2022 hit its lowest recorded point since at least January 1999, as found in its monthly Loan Performance Insights Report. In January of this year, 3.3% of all ...
Read More »The Lingering Impact of Natural Disasters on Delinquency Rates
Although delinquency rates are at their lowest level in more than two decades, natural disasters are still causing elevated rates in some areas of the U.S.
Read More »The Week Ahead: Eye on U.S. Mortgage Performance Trends
To get the whole story on loan performance, stay tuned for the latest loan insights releasing on Tuesday. Here’s a snapshot of upcoming reports in the week ahead.
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