Thursday, September 28, 2023 | The Latest Buzz for the Appraisal Industry

Mortgage Delinquencies Continue Historic Low Trend in September

CoreLogic’s monthly Loan Performance Insights Report for September 2022 shows that 2.8% of all mortgages in the U.S. (approximately 1.4 million loans) were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 1.1 percentage point decrease compared to 3.9% in September 2021.

In September 2022, the U.S. delinquency and transition rates, and their year-over-year changes, were 1.2% for early-stage delinquencies (30 to 59 days past due),

This post was originally published on this site