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Metro East REIA

Seriously Delinquencies Hit Lowest Level Since 2006

According to Black Knight’s latest Mortgage Monitor, the total U.S. loan delinquency rate (loans 30 days+ past due but not in foreclosure) was 3.12% in June, up 0.55% from May and down 2.80% year over year. In addition, the number of serious delinquencies (loans 90+ days past due) dropped to 471K – the lowest since August 2006. Continue reading HERE...

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