CoreLogic’s monthly Loan Performance Report, released January 11, shows that October’s mortgage delinquency rate, which has been steadily declining, has returned to pre-pandemic levels at 3.8% overall delinquency compared to 3.7% in October 2019. The improvement is credited to the healthy job market, home equity increases and federal assistance programs and is expected to “trend down over the balance of this year.”
Improving Economy Supports Mortgage Loan Performance
Published on January 11, 2022
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