Decade-Low for Mortgage Delinquency

The last time that the rate of past-due payments on residential loans was this low, the U.S. real estate market was near its peak.

As of June 30 of this year, mortgage delinquency of at least one month, including foreclosures, stood at a rate of 6.30 percent.

The non-current ratio moved lower compared to the end of the first quarter, when it closed out the period at a 6.51 percent rate.

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From:: Financing