Black Knight's First Look: National Mortgage Delinquency Rate Increased Seasonally in September, Foreclosure Inventory Lowest Since 2005

From Black Knight: Black Knight's First Look: Despite Slight Seasonal Uptick, Mortgage Delinquencies Fall 11% From Last Year; Prepays More Than Double as Refi Wave Continues • The national delinquency rate edged up seasonally in September to 3.53%, but fell 11.2% from one year prior for the largest year-over-year decline in eight months • Both serious delinquencies and active foreclosure inventory fell in the month as well, with the latter falling to its lowest level since late 2005 • Western states – Colorado, Oregon, Washington, Idaho, and California – continue to hold the nation's lowest......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/31IpPsc
via IFTTT