The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding at the end of the second quarter of 2020, according to the Mortgage Bankers Association’s National Delinquency Survey.
Millennials are finally buying homes and applying for mortgages, with 23 percent of all newly originated mortgage dollars attributed to that generation.
Foreclosure inventory in October 2016 declined by 31.5 percent and completed foreclosures declined by 24.9 percent compared with October 2015, according to the National Foreclosure Report released today by CoreLogic, a global property information provider.
