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
- The Richest Person in Every State
- Local Market Monitor’s National Economic Outlook for August ’25
- Resilience
- ICE Mortgage Monitor – August 2025
- Percent of Equity-Rich Properties in Each State
- The One Big Beautiful Bill Cuts Taxes Across the County
- Inflation Up 0.2% in July
- Yardi Says Multifamily Saw Tepid Gains in July, but Demand Remains Strong