Mortgage delinquency rates have declined almost every quarter since their peak of 7.21% in Q1 2010. We forecast this trend to continue in 2018 as serious mortgage delinquency rates reach the lowest level observed since 2005. Although rising interest rates are affecting refinancing, they are not hurting the overall mortgage market.
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The mortgage delinquency rate has declined nearly. The mortgage delinquency rate declined for the 10th consecutive quarter to 3.46% at the end of Q2 2014, according to TransUnion’s latest.
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TransUnion: Mortgage delinquency rate slows in 2014 Freddie delinquency rate down to lowest level in nearly 3 years Christina Mlynski is a Reporter at HousingWire.
CHICAGO, IL, Aug 20, 2014 (Marketwired via COMTEX) — The mortgage delinquency rate (the rate of borrowers 60 days or more delinquent on their mortgages) declined for the 10th consecutive quarter.
TransUnion expects the delinquency rate to fall another 5% over the next year, ending the fourth quarter of 2014 at 3.75%. Mortgage delinquency rates plunged far more steeply over the past few years as borrowers recovered from the economic crisis.
On a year-over-year basis, the mortgage delinquency rate – the rate of borrowers 60 days or more past due on their mortgages – dropped nearly 14% from 6.01% last year, according to a survey by.
· TransUnion’s quarterly analysis of trends in the mortgage industry found that national mortgage loan delinquency rate (the ratio of borrowers 60 or more days past due) decreased again in the second quarter of 2010, suggesting that the credit conditions in.
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· The national mortgage delinquency rate declined slightly for the third consecutive quarter, dropping from 5.49% in Q2 2012 to 5.41% in Q3 2012. On a year-over-year basis, the mortgage delinquency.
TransUnion : Impact of Mortgage Rules and Shifting Demographics Continue to Shape the Canadian Consumer Credit Market. 0.. as the economy slows and risks of an economic downturn remain prevalent, Serious delinquency rates are 90 or more days past due for credit cards and 60 or more days past due for all other credit products.
The national mortgage delinquency rate declined for the 10th consecutive quarter in Q2 2014 and is at its lowest level since 2008, according to TransUnion’s quarterly mortgage report. The rate of.
RISMEDIA, August 20, 2009-TransUnion.com released the results of its analysis of trends in the mortgage industry for the second quarter of 2009 and the associated impact on the U.S. consumer. The.