February mortgage delinquency share dips to 4.8 percent, down 0.2 points year-on-year

In February, 4.8 percent of mortgages were in some stage of delinquency, down from 5.0 percent a year ago. The foreclosure inventory rate was 0.6 percent, down 0.2 percentage points year-on-year.  Since August 2017, the foreclosure inventory rate has been steady at 0.6 percent, the lowest level since June 2007, when it was also 0.6 percent.

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