Serious mortgage delinquency rate hits lowest point in a decade

Hurricanes continue to bring rates lower

By Kelsey Ramírez | HousingWire

Mortgage delinquencies decreased in September to their lowest levels in more than a decade, according to the latest monthly Loan Performance Insights Report from CoreLogic, a property information, analytics and data-enabled solutions provider.

As of September, 5% of mortgages remained in some stage of delinquency, 30 days or more past due including those in foreclosure. This is down 0.2 percentage points from last year’s overall delinquency rate of 5.2%.

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