Wednesday, 29 June 2022 | The Latest Buzz for the Appraisal Industry

Mortgage Delinquencies Hit Another Record Low in March

Although the foreclosure rate is currently on the rise, due to the sunsetting of COVID-19 foreclosure protections for homeowners impacted by the pandemic, the mortgage delinquency rate has never been lower in history, according to CoreLogic.

In March, only 2.7% of U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.2 percentage point decrease compared to March 2021.

Early-stage delinquencies (30 to 59

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