Black Knight, Jacksonville, Fla., said its First Look Mortgage Monitor reported the national mortgage delinquency rate fell to 3.39% in October, a nearly 7% decline from the past year and within 0.03% of the record low set in May.
Tag: Mortgage Delinquencies
MBA Chart of the Week: Percent of Loans in Foreclosure
The third quarter results of MBA’s National Delinquency Survey, released last week showed improvements in delinquency and foreclosure measures.
MBA: Mortgage Delinquencies Fall to Lowest Level in Nearly 25 Years
Delinquency rates for mortgage loans on one-to-four-unit residential properties fell to their lowest level since 1995, the Mortgage Bankers Association reported yesterday.
CoreLogic: Lowest August Delinquency Rates in 20 Years
CoreLogic, Irvine, Calif., said just 3.7% of mortgages were in some stage of delinquency in August, down by 0.2 percent from a year ago to its lowest rate since 1999.
Black Knight: First-Time Homebuyers ‘Under Pressure’ as Early-Stage Delinquencies Rise
Black Knight, Jacksonville, Fla., said nearly 1% of first quarter originations became delinquent six months post-origination. Though this represented less than one-third of the 2000-2005 delinquency average of 2.93%, it is up more than 60% over the past 24 months and the highest since 2010.
Black Knight: First-Time Homebuyers ‘Under Pressure’ as Early-Stage Delinquencies Rise
Black Knight, Jacksonville, Fla., said nearly 1% of first quarter originations became delinquent six months post-origination. Though this represented less than one-third of the 2000-2005 delinquency average of 2.93%, it is up more than 60% over the past 24 months and the highest since 2010.
Black Knight: Delinquencies Down 11% From Year Ago Despite Seasonal Uptick
Black Knight, Jacksonville, Fla., said the national delinquency rate edged up seasonally in September to 3.53%, but fell by 11.2% from a year ago, marking the largest year-over-year decline in eight months.