Seriously Delinquent Mortgage Rate Falls to Lowest Level In Six Years

By Dennis Norman, on February 13th, 2015

The seriously delinquent mortgage rate  (90+ days late) fell to 1.91 percent of all outstanding mortgages in November, the lowest level since December 2008, according to a report just released by the Federal Housing Finance Agency (FHFA).  The percentage of loans that were 30-59 days late rose in November to 1.69% from 1.39% the month before and the 60+ day delinquency rate rose from 2.32% in October to 2.36% in November.

The tables below have complete mortgage delinquency data.

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