Seriously Delinquent Mortgage Rate Falls to Lowest Level In Six Years

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.

(We work hard on this and sure would appreciate a “Like”)

Search St Louis Homes For Sale HERE
See ALL Homes That Will Be Open In St Louis This Weekend

Continue reading “Seriously Delinquent Mortgage Rate Falls to Lowest Level In Six Years