Foreclosure starts hit their lowest level on record in February, this according to Black Knight’s latest “first look” report. Foreclosure starts fell 25% in January hitting their lowest level on record since Black Knight began reporting it in January 2000. In addition, they report that the national foreclosure rate fell to 0.45% in February, the lowest level since 2005 (within one basis point of an all-time low).
Click here to read the full report at Black Knight.
