National Delinquency Rate Drops to Pre-Pandemic Levels for the First Time
Industry Update
February 8, 2022
Source: National Mortgage Professional
CoreLogic released its monthly Loan Performance Insights Report for November 2021, which showed that national delinquency dropped below March 2020 levels for the first time since the onset of the pandemic. In November, 3.6% of all mortgages in the United States were in some stage of delinquency, marking a 2.3% decrease compared to the previous year when it was 5.9%.
For full report, please click the source link above.