Industry News

Mortgage Delinquency Rate Drops to Lowest Level on Record

Mortgage Delinquency Rate Drops to Lowest Level on Record

By The Commercial Record | February 13, 2020 | Reprints | Unlock Link

The delinquency rate for mortgage loans on one-to-four unit residential properties decreased to a seasonally adjusted rate of 3.77 percent of all loans outstanding at the end of the fourth quarter of 2019, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.

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