MBA: Mortgage Delinquency and Foreclosure Rates Decrease in Q4, Lowest since 2007
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.68 percent of all loans outstanding at the end of the fourth quarter of 201 4. This was the lowest level since the third quarter of 2007. The delinquency rate decreased 17 basis points from the previous quarter, and 71 basis points from one year ago, according to the ...
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The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.68 percent of all loans outstanding at the end of the fourth quarter of 201 4. This was the lowest level since the third quarter of 2007. The delinquency rate decreased 17 basis points from the previous quarter, and 71 basis points from one year ago, according to the ...
Read More.. and DISCUSS
How does this impact your business decisions?
I'd be glad to learn your thoughts on this story : MBA: Mortgage Delinquency and Foreclosure Rates Decrease in Q4, Lowest since 2007