The national mortgage delinquency rate fell to a new record low in April – just 2.8% of all loans – according to Black Knight’s most recent First Look report.
That’s down 1.3% compared with March and down nearly 40% compared with April 2021.
It was the second consecutive month that the national mortgage delinquency rate hit a new record low.
As of the end of April, roughly 1.496 million residential properties were 60 days
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