national mortgage delinquency rates have been on a steady decline since the mortgage crisis in 2007. in may of 2020, rates reached an all-time low of 3.10%. while this is good news for the industry, it is important to remember that delinquencies could start to rise again if the economy weakens or there is another unforeseen event.
You can read this full article at: https://www.housingwire.com/articles/mortgage-delinquencies-are-down-11-bps-to-3-10-in-may-the-second-lowest-national-mortgage-delinquency-rate-ever-seen/(subscription required)
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