Delinquency and Foreclosure Rates Decline to Lowest Level in Six Years

 

Tuesday, February 25, 2014
Delinquency and Foreclosure Rates Decline to Lowest Level in Six Years
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.39 percent of all loans outstanding at the end of the fourth quarter of 2013, the lowest level since the first quarter of 2008. The delinquency rate decreased two basis points from the previous quarter, and 70 basis points from one year ago, according to the Mortgage Bankers …Read More >

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