Facebook Twitter Instagram
    Trending
    • New Home Sales Up 2.3% in December
    • Pending Home Sales Up 2.5% in December
    • U.S. National Debt Surpasses $31 Trillion
    • Top 10 Real Estate Markets for First-Time Homebuyers in 2023
    • NREIA Statement on the Biden Administration’s Recent Announcement Regarding Renters & Housing Providers
    • Rent…On time Every time
    • Real Estate Remains a Sellers’ Market
    • Building Material Shortages Ease, but there are Exceptions
    Twitter
    Real Estate Investing Today
    • Home
    • RE Journal
    • ROI Magazine
    • National REIA
      • National REIA
      • Find a REIA near you!
    • Podcasts
    • Housing Data
    • Contact Us
    Real Estate Investing Today
    You are at:Home»Residential»Delinquencies & Foreclosures Remain Near 20-Year Lows in June

    Delinquencies & Foreclosures Remain Near 20-Year Lows in June

    0
    By Brad Beckett on September 19, 2022 Residential

    According to the latest CoreLogic Loan Performance Insights Report, in June 2022, 2.9% of mortgages were delinquent by at least 30 days or more including those in foreclosure.  This figure represents a 1.5-percentage point decrease in the overall delinquency rate compared with June 2021.  CoreLogic says measuring early-stage delinquency rates is important for analyzing the health of the mortgage market.  Their monthly report coverage at the national, state and Core Based Statistical Area (CBSA)/Metro level and includes transition rates between states of delinquency and separate breakouts for 120+ day delinquency.

    “While early-stage delinquencies edged up in June, they remained near historic lows through the first half of 2022. Later-stage delinquencies fell by 60% from June 2021, with only a small increase in foreclosures, indicating that delinquent borrowers are able to find alternatives to foreclosure.” – Molly Boesel Principal Economist for CoreLogic

    In June 2022, 2.9% of mortgages were delinquent by at least 30 days or more including those in foreclosure.

    Click here to read the full report at CoreLogic.

     

    Share this:

    • Click to email a link to a friend (Opens in new window)
    • Click to print (Opens in new window)
    • Click to share on Twitter (Opens in new window)
    • Click to share on Facebook (Opens in new window)
    • Click to share on LinkedIn (Opens in new window)
    • Click to share on Pinterest (Opens in new window)
    • Click to share on Reddit (Opens in new window)

    Related

    Brad Beckett
    • Website
    • Facebook
    • Twitter

    Director of Education & Outreach, National Real Estate Investors Association

    Related Posts

    New Home Sales Up 2.3% in December

    Pending Home Sales Up 2.5% in December

    U.S. National Debt Surpasses $31 Trillion

    Comments are closed.

    Emergency Rental Assistance
    Action Alert HR 5013 – Seller Finance
    https://youtu.be/WP-IAtGnPsQ

    Click here to visit the National REIA Legislative Action Center.

    Stay Informed!

    Simply enter your email address in the space below to receive our latest posts right in your mailbox! It's FREE!

    Join 2,505 other subscribers
    Podcasts
    podcasts
    Survey of the Quarter:
    • Most Recent Posts
    January 30, 2023

    New Home Sales Up 2.3% in December

    January 30, 2023

    Pending Home Sales Up 2.5% in December

    January 27, 2023

    U.S. National Debt Surpasses $31 Trillion

    January 26, 2023

    Top 10 Real Estate Markets for First-Time Homebuyers in 2023

    Benefits of Joining National REIA
    Click here to find a REIA!
    The Latest issue of the RE Journal
    REJ cover winter 22-23
    Follow us on Twitter: @REI2Day
    My Tweets
    Keyword Search
    Real Estate Investing Today
    National Real Estate Investors Association
    2755 Mansion Place
    Crestview Hills, KY 41017
    888-762-7342
    www.NationalREIA.org
    Top 100 Real Estate Investing Blogs & Websites on the Web
    Categories
    About Real Estate Investing Today

    Real Estate Investing Today is the news aggregation site for the National Real Estate Investors Association (NREIA) and features news & industry updates to help investors stay informed. Learn more at www.NationalREIA.org

    Media Inquiries

    Media Inquiries Click here

    Copyright 2022 Real Estate Investing Today

    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology
    Copyright 2022 Real Estate Investing Today
    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology

    Type above and press Enter to search. Press Esc to cancel.