The delinquency rate for mortgage loans on one-to-four-unit residential properties rose to a seasonally adjusted rate of 4.42 percent of all loans outstanding at the end of the first quarter of 2019.
But the foreclosure inventory rate is still at its lowest level since 1995, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.
Read on for key takeaways from the MBA’s most recent delinquency survey.
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