Boston Real Estate Investors Association

Black Knight Says Past-Due Mortgages Approach Record Lows


According to Black Knight’s latest Mortgage Monitor, the total U.S. loan delinquency rate (loans 30 days+ past due but not in foreclosure) as at 3.10% in May, down 6.25% from April and down 2.62% year over year.  In addition, the number of borrowers a single payment past due improved by 94K (-9.5%), erasing nearly half of the prior month’s increase.

Click here to read the full report at Black Knight.

 

 

The post Black Knight Says Past-Due Mortgages Approach Record Lows appeared first on Real Estate Investing Today.



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