Mortgage Delinquencies Hit Four-year High


The share of mortgage loans that became delinquent in April outpaces anything seen during the Great Recession and is the highest rate on record in 21 years, according to CoreLogic’s data. During the month of April, 3.4% of mortgages went from current to 30 days past due, outpacing the 2% high recorded in late 2008. Read more...
As publish in Daily Dose by Krista F. Brock

Guillermo "Bill" Sanjurjo Realtor® https://guillermorealtor.c21.com/ 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

Comments

Popular posts from this blog

Here are 3 smart moves every first-time homebuyer should know right now. Always get pre-approved before you start looking at homes online. Factor in things like property taxes and home insurance into your budget. And be sure to get an inspection, so you’re not caught off guard by costly repairs. While they may sound simple, these tips matter. And if you haven’t bought a house before, you may not realize just how important they are. Do you want more advice to make this process easier? DM me and let’s chat.