Early-stage mortgage delinquencies rate hit highest level in 21 years in April
In April 2020, 6.1% of mortgages were delinquent by at least 30 days or more, marking the nation’s highest overall delinquency rate since January 2016, according to a report by CoreLogic. Delinquent mortgages included the 0.3% foreclosure inventory – the lowest foreclosure rate for any month since January 1999.
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