Tag Archives: delinquency rate

The wild ride known as the U.S. housing market slowed dramatically in the fall of 2022, as mortgage rates surged and home prices remained high.

CoreLogic reports that just four states witnessed an increase in delinquent activity. Click through for more information.

A report finds out how today’s careful lending environment is leading to fewer foreclosures and creating a better mortgage market.

According to a new report, both 30-day delinquencies and 90-day delinquencies are down over the year, and foreclosure inventory has dropped. Only 5 percent of mortgages are 30 or more days delinquent, a dip from February 2016’s 5.5 percent. Loans 90 or more days delinquent are down too, falling from 2.8 percent to 2.2 percent year over year. The number of homes currently at some stage of the foreclosure process dropped from 1.1 percent to 0.8 percent.