Saturday, 13 August 2022 | The Latest Buzz for the Appraisal Industry

Overall Delinquency Rate Dropped Again in June But Serious Delinquencies Stubbornly High

The U.S. mortgage delinquency rate fell to 4.4% in June, the lowest in more than two decades and down significantly from 7.1% in June 2020, according to CoreLogic.

It was the 10th consecutive month that the overall mortgage delinquency rate dropped, as U.S. homeowners remained resilient in the face of the pandemic.

Early-stage delinquencies (loans 30 to 59 days past due) represented only about 1.1% of all loans, down from 1.8% in June 2020.



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