– The mortgage delinquency rate remains low compared to pre-pandemic levels, however the number ticked up in September, according to ICE.
– The increase can be attributed to unique circumstances related to the pandemic, such as job loss or reduced hours.
– However, there is still reason for optimism moving forward, as overall delinquency rates are still well below pre-pandemic levels.
You can read this full article at: https://www.housingwire.com/articles/mortgage-delinquencies-ticked-up-in-september-ice/(subscription required)
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