According to Black Knight’s latest Mortgage Monitor, the total U.S. loan delinquency rate (loans 30 days+ past due but not in foreclosure) as at 3.17% in August, up by 4 basis points and is nearly a full percentage point below its 2015-2019 same-month average. In addition, serious delinquencies (90+ days past due) continued to decline, falling 20K from July to 448K – the lowest level since June 2006.
Click here to read the full report at Black Knight.