Mortgage delinquency rate in South Florida dips, but remains high – South Florida Business Journal

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.

More Tampa Bay homeowners are keeping up with their mortgages. According to a loan performance insights report from CoreLogic, this past April, the mortgage delinquency rate in the Tampa-St. Petersburg-Clearwater metropolitan area, 3.9 percent, was 2.4 percentage points lower than it was in April 2018, when it was 6.3 percent.

The Florida-based. the national foreclosure rate of 3.25 percent in September and the statewide rate of 3.37 percent. The U.S. rate was 3.52 percent a year ago, and the South Carolina share was.

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"Mortgage rates. Liquidity remains relatively strong as banks have continued to extend credit lines. reducing concern of a bankruptcy among the major companies." Bad Loans On Houses Are Being.

Mortgage delinquency dips to lowest rate in more than a decade. by Kelly mccabe december 15, 2017. The number of past-due mortgage payments and of homes currently in some stage of foreclosure are the lowest they’ve been in 10 years, according to the monthly CoreLogic Loan Performance Insights Report.

– Reporter, South Florida Business Journal Mar 14, 2018, 2:33pm EDT Mortgage delinquency rates in South Florida dipped in December, but still remained far higher than the national average.

(Providence Business News, July 6th) Real Estate Sales and house prices big island home Prices Dip. Mortgage Bankers Association: 0.58% of ALL mortgages entered foreclosure in Q1’07. the highest.

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The South Carolina rate was 1.67 percent – down 1 percentage point from 2.67 percent a year ago – and the national pace was 1.70 percent, off 0.80 percentage point from 2.50 percent 12 months earlier..

Hurricane Irma September 11, 2018 orlando homes in foreclosure rise for third straight month Foreclosures on Metro Orlando homes are up 23% from July 2017, though the numbers are still well below the peak of the recession, and local sales agents say there’s not much impact in the market yet.

Mortgage Delinquency and Foreclosure Trends-Florida Second Quarter 2011 . This report for Florida is part of the Mortgage Delinquency and Foreclosure Trends series, released quarterly, which provides information on mortgage market condition s in the six states that comprise the

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