– In its latest report, the Mortgage Bankers Association (MBA) revealed that the mortgage delinquency rate has fallen to its lowest level in 43 years of tracking this metric.
– This finding provides further evidence that the economy is on the cusp of a turnaround, as more and more homeowners are keeping up with their mortgage payments despite the challenges of the past year.
– Some of the factors driving this positive trend include the ongoing vaccination efforts and the extension of forbearance programs by the government.
You can read this full article at: https://www.housingwire.com/articles/mortgage-delinquency-rate-falls-to-lowest-level-since-1979/(subscription required)
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