According to the latest ICE Mortgage Monitor (formerly Black Knight), the national delinquency rate eased to 3.09% in April, a 22 basis point improvement over last year. In addition, they report that delinquencies fell to their lowest level since the record low of March 2023. The ICE Mortgage Monitor provides a view of the current mortgage market, including loan-level performance, home price trends data, secondary market metrics, and public records.
“Continued improvement in April led to the fewest serious delinquencies in more than 18 years, while the number of loans in active foreclosure fell to its lowest level in more than two years.”
Click here to read the full report at ICE Mortgage Technology (formerly Black Knight).