National Mortgage Delinquency Rates Decline in November
Nationally, 4.1 percent of mortgage were in some stage of delinquency in November 2018, a 1.1 percentage point decline from November 2017.
Nationally, 4.1 percent of mortgage were in some stage of delinquency in November 2018, a 1.1 percentage point decline from November 2017.
Nationally, 5.3 percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in December 2017, according to CoreLogic, a global property information provider. This represents no change in the overall delinquency rate compared with December 2016 when it was also 5.3 percent.
The delinquency rate for mortgage loans on one- to four-family residential properties increased to a seasonally adjusted rate of 4.88 percent of all loans outstanding at the end of the third quarter of 2017.
In March 2017, 4.4 percent of mortgages were delinquent by at least 30 days or more including those in foreclosure, down 0.8 percent from March 2016, according to a report released from CoreLogic, a property information firm.
The national 30-plus days delinquency rate dropped to 5 percent in February 2017, its lowest level since September 2007, according to a report released today by CoreLogic, a global property information company.
Some consumer delinquencies ticked up in the third quarter of 2016, though they remained near historic lows, the American Bankers Association (ABA) said today.
The delinquency rate for mortgage loans on Massachusetts residences was 4.49 percent at the end of the third quarter of 2016, a decrease of 14 basis points from the previous quarter, according to the Mortgage Bankers Association (MBA).