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【World Property Journal】Mortgage Delinquency Rates Near Pre-Pandemic Levels in U.S.

【World Property Journal】Mortgage Delinquency Rates Near Pre-Pandemic Levels in U.S.

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CoreLogic's latest monthly Loan Performance Insights Report shows that 4.2% of all mortgages in the U.S. during July 2021 were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3-percentage point decrease in delinquency compared to July 2020, when it was 6.5%. While overall delinquencies remain above the February 2020, pre-pandemic rate of 3.6%, this is the lowest rate since last March.

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