Mortgage delinquencies see first year-over-year decline since the 2020 recession, with a caveat
The overall delinquency rate for U.S. residential mortgages experiences its first year-over-year decrease despite serious delinquencies rising.
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Tag: mortgage delinquencies
California underwater homeowner numbers to increase
Underwater homes were at their bottom in 2020.
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While foreclosures continue to fall, price headwinds threaten future improvement
California performed much better than most of the country, with only 0.3% of all mortgaged homes in some stage of foreclosure in Q3 2016.
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What’s really behind the fall in mortgage delinquencies and foreclosures?
Behind the truly encouraging mortgage delinquency figures lurks a few problems.
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