MBA: Second-Quarter Mortgage Delinquency Rate Highest in Nine Years

MortgageOrb, Aug. 17, 2020–Michael Bates
According to the Mortgage Bankers Association’s National Delinquency Survey, 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.