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.