According to Black Knight’s latest Mortgage Monitor, the delinquency rate for loans in the U.S. increased by 4 basis points in August, reaching 3.17%. However, this rate is still nearly one percentage point lower than the average for the same period between 2015 and 2019. The report also highlights a decline in serious delinquencies, with a decrease of 20,000 cases in July, bringing the total to 448,000. This is the lowest level of serious delinquencies since June 2006. For more detailed information, you can read the full report on Black Knight’s website. To access the report, click here. This news was originally published on Real Estate Investing Today.
Black Knight Says Early-Stage Delinquencies Continue to Trend Up
#Black #Knight #EarlyStage #Delinquencies #Continue #Trend,