Delinquencies and Foreclosures Decline in July 2017
Molly Boesel | Mortgage Performance/CoreLogic
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The U.S. foreclosure rate remained at a 10-year low in July 2017
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The current-to 30-day transition rate edged down in July 2017 from a year earlier
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Denver had the lowest foreclosure rate of the largest metro areas
In July 2017, 4.6 percent of home mortgages were in some stage of delinquency, down from 5.5 percent a year earlier and the lowest for any July since 2006, when it was 4.4 percent, according to the latest CoreLogic Loan Performance Insights Report. The measure includes all home loans 30 days or more past due, including those in foreclosure. For the month of July, the share of delinquent mortgages was highest – 11.1 percent – in July 2010.
