The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding at the end of the second quarter of 2020, according to the Mortgage Bankers Association’s National Delinquency Survey.
A new report from real estate data analytics firm CoreLogic finds low unemployment and high home equity has contributed to low delinquency rates across the nation.
Nationally, 5.3 percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in December 2017, according to CoreLogic, a global property information provider. This represents no change in the overall delinquency rate compared with December 2016, when it was also 5.3 percent.
Mortgage delinquencies across the country and in Connecticut dropped again in November, to some of the lowest rates in a decade.
Nationwide, 5.1 percent of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in October 2017, according to a report released by CoreLogic, a global property information provider.
