Mortgage Delinquency Up, Foreclosure Rate Holds

Although overall mortgage delinquency moved higher, early stage delinquency retreated, while serious mortgage delinquency and the foreclosure rate held steady.

Delinquency of at least 30 days on single-family loans, including loans in the foreclosure inventory, represented 5.1 percent of all mortgages as of Oct. 31, 2017.

The non-current rate was elevated versus the preceding month, when it was previously reported at 5.0 percent. But an improvement was recorded from 5.2 percent a year prior.


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From:: Financing

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