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MBA: ‘Inevitable’ Increase in Mortgage Delinquency Rate Is Upon Us
MortgageOrb, May 13, 2020–Michael Bates
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.36% of all loans outstanding at the end of the first quarter of 2020, according to the Mortgage Bankers Association’s National Delinquency Survey.
https://mortgageorb.com/mba-inevitable-increase-in-mortgage-delinquency-rate-is-upon-us