According to Black Knight’s latest Mortgage First Look, the national delinquency rate fell 3 basis points (bps) to 3.26% in October, marking a 9 bps (-2.8%) improvement from the same time last year. However, Black Knight says foreclosure starts rose to 33k in October – their highest levels in 18 months. Meanwhile, the number of foreclosure sales (completions) remained relatively flat. Active foreclosure inventory inched up 3k to 217k, but remains more than 25% below prepandemic levels.
Trending
- Personal Income and Outlays – August 2025
- ADP National Employment Report – September 2025
- How the Nation’s Housing Changed in 20 Years
- Redfin Says Summer 2025 was the Strongest Buyer’s Market in Over a Decade
- Pending Home Sales Up 3.8% Year-Over-Year
- Americans on Welfare
- GDP Up 3.8% in Q2 2025
- Cotality Says Single-Family Rent Growth Showed Signs of Weakness in July