Mortgage loans january mortgage Delinquencies up 6.6%; 98,000 Bad Mortgages Face to data from the Mortgage Bankers Association’s national delinquency survey (nds), the proportion of mortgages in the foreclosure process is at a historical high at 4.63%, nearly five times higher than the average of all quarterly rates reported in the NDS from 1979 to.Use our free online loan calculator to estimate your monthly car, truck, or personal loan repayments.
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Contact Jane for all of your home lending needs. Jane Floyd is the Branch Manager at NFM Lending, A full service mortgage and loan company located in Tampa Florida. January Mortgage Delinquencies up 6.6%; 98,000 Bad Mortgages Face In January, 5.3% of mortgages were delinquent by 30 days or more, a drop of 1.1 percentage points from January last.
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The next graph, also from page 5 of the Mortgage Monitor, shows the monthly percentage change in the mortgage delinquency rate over that same span. As they note on the chart, the 12.57% decrease in mortgage delinquencies we saw in this February report was the largest monthly drop in mortgage delinquencies in 10 years, percentage wise.
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