Foreclosure rates hit a 14-year low in November, according to Black Knight’s latest “first look” report. In fact, November’s 33,500 foreclosure starts marked a 26% year-over-year decline, and was the lowest monthly volume since they began tracking in 2000. While delinquencies rose in November, they remained nearly 5% below one year ago. Black Knight derives its data from their loan-level database representing the majority of the national mortgage market.
Click here to read the full report at Black Knight.
