The Housing Chronicles Blog: foreclosure inventory rate
Showing posts with label foreclosure inventory rate. Show all posts
Showing posts with label foreclosure inventory rate. Show all posts

Monday, May 14, 2018

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.

READ MORE

Tuesday, November 14, 2017

CoreLogic: August foreclosure inventory rate dips to lowest rate since August 2006

Nationally, 4.6 percent of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in August 2017. This represents a 0.6 percentage point year-over-year decline in the overall delinquency rate compared with August 2016 when it was 5.2 percent.

As of August 2017, the foreclosure inventory rate, which measures the share of mortgages in some stage of the foreclosure process, was 0.6 percent, down from 0.9 percent in August 2016. This was the lowest foreclosure inventory rate for the month of August in 11 years since August 2006 when it was 0.5 percent.

READ MORE