Overall mortgage delinquencies rose to their highest level in more than five years in May. The COVID-19 pandemic and recession have made it hard for homeowners to meet monthly mortgage payments.
Mortgage loan delinquencies soared in April after posting monthly declines for more than two years. Foreclosures remained subdued, but that may change once the federally mandated forbearance period...
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Americans have almost $16 trillion in mortgage debt outstanding, according to the Federal Reserve. A bill proposed as part of the economic rescue package would delay payments on most of that debt.
Delinquent home mortgage loans and foreclosures in September remained at levels not seen in more than 20 years, according to housing data firm CoreLogic.
Delinquent home mortgage loans have fallen to 20-year lows and foreclosures have dipped back below pre-crisis levels.
The percentage of U.S. mortgages fell to 4.3% in March, a 13-year low for the month. The inventory of homes in foreclosure is now at levels not seen in at least 20 years.
Mortgage delinquency and foreclosure rates have reached 20-year lows, according to research firm CoreLogic.
Mortgage delinquencies and foreclosures continue on a downward trend thanks to fewer high-risk loans and higher levels of home equity.
Mortgage delinquencies fell to their lowest levels for at least the past 18 Octobers, according to data reported Tuesday by CoreLogic. States hit hard by hurricanes, fires and volcanoes are still...
Mortgage delinquencies continued to drop year over year in August according to the latest report from CoreLogic. Delinquency rates have now fallen back to around pre-housing-crisis levels.
Homes that were foreclosed during the housing bust and recession that followed, have regained their value faster than other properties according to a report from Zillow.
Mortgage delinquency rates in Texas and Florida are still being affected by last year's storm damage according to the latest data from CoreLogic.
The percentage of home mortgages that moved into the 30- to 60-day past due category dropped by 0.9 percentage points year over year in July.
The share of home mortgage loan payments that are 30 days or more past due fell from 5.3% in July 2016 to 4.6% this year.