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July U.S. Mortgage Delinquency Rates Approach Pre-Pandemic Levels, CoreLogic Reports

July U.S. Mortgage Delinquency Rates Approach Pre-Pandemic Levels, CoreLogic Reports
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Mortgage Delinquencies Approach Pre-Pandemic Levels

Today’s release of CoreLogic’s monthly Loan Performance Insights Report for 2021 revealed that 4.2% of all mortgages were in some stage of delinquency, representing a 2-3 percentage point decrease compared to July 2020 when it was 6.5%. ....

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Leveling Off: Mortgage Delinquencies Continue to Rise but Pace Moderating in October, CoreLogic Reports

CoreLogic
® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for October 2020. On a national level, 6.1% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 2.4-percentage point increase in the overall delinquency rate compared to October 2019, when it was 3.7%. Notably, serious delinquency is over three times that of October 2019, but down from the previous two months.
CoreLogic National Overview of Mortgage Loan Performance, featuring October 2020 Data (Graphic: Business Wire)
To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency, including the share that transitions from current to 30 days past due. In October 2020, the U.S. delinquency and transition rates, and their year-over-year changes, were as follows: ....

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