Mortgage Delinquency Rate Hits Lowest Level in 43 Years

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In: Refinance News

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A recent survey by the Mortgage Bankers Association found that mortgage delinquency rates fell for the second quarter in a row, to the lowest level in 43 years. The one- to four-family mortgage delinquency rate fell to 3.45% of totalContinue Reading

July Reports Shows Mortgage Delinquency Rate Dropping

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In: Mortgage News

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According to the Mortgage Bankers Association’s (MBA) latest monthly CREF Loan Performance Survey, in July the delinquency rates for mortgages backed by commercial and multifamily properties reduced. The Survey Reported: Compared to the previous month when the outstanding loan balancesContinue Reading