• Metro East REIA

MBA Says Mortgage Delinquencies See Decrease in Q2 of 2021

The Mortgage Bankers Association says the delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.47% of all loans outstanding at the end of Q2 2021. In addition, their latest National Delinquency Survey says the delinquency rate was down 91 basis points from Q1 2021 and down 275 basis points from one year ago. Continue reading HERE...

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