CoreLogic: Mortgage Delinquency Rate Fell Nearly 2 Percentage Points In April
CoreLogic’s April 2022 Loan Performance Insights Report, released Tuesday, found 2.9% of all mortgages in the U.S. were in some stage of delinquency, meaning 30 days or more past due, including those in foreclosure. This number represents a 1.8 percentage point decrease compared to 4.7% in April of last year. All states and metro areas posted annual declines in their overall delinquency rates for the month of April.
Source: nationalmortgageprofessional.com