MBA: Mortgage Delinquency Rates declined in Q2

 · The report noted the delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.24 percent of all loans outstanding at the end of the second quarter of 2017 – adding the delinquency rate was down 47 basis points from the previous quarter and 42 basis points lower than one year ago.

10:35 ET Subscribe to our weekly e-newsletter, Top News. Commercial loan delinquencies stay down in Q2. Loan delinquency rates for commercial and multifamily mortgages remained at a low level in the second quarter, the Mortgage Bankers Association (MBA) reported.

The national mortgage delinquency rate, which refers to the rate of borrowers 60 or more days past due, declined on a year-over-year basis nearly 14 percent in the fourth quarter of 2012. Read more The credit card delinquency rate reached 1.46% in Q2 2017, up 13.2% from 1.29% in Q2 2016.

To the benefit of builders, a recent downtrend in the 10-year Treasury yield is helping to keep a lid on mortgage rates. saw a decline in foreclosure inventory in Q2, "reflecting a nationwide.

MBA: Mortgage Delinquencies and Foreclosures Decline. The serious delinquency rate, the percentage of loans that are 90 days or more past due or in the process of foreclosure, was 7.73 percent, a decrease of 16 basis points from last quarter, and a decrease of 87 basis points from the fourth quarter of last year.

The delinquency rate decreased two basis points from the previous quarter, and 70 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency..

TORONTO, ON–(Marketwired – August 26, 2015) – Delinquency rates in Canada continued to decline. from 3.92% in Q2 2013 to 3.65% in Q2 2014, and then to 3.12% in Q2 2015. Delinquency rates of lines.

 · The seasonally adjusted rate fell to 6.96% of all loans outstanding at the end of Q2, a drop of 29 basis points from the previous quarter and 62 basis points from a year prior, MBA reported.

In addition to its mortgage delinquency data, the MBA found that serious delinquencies continue to decline, falling nearly 7 percent from last year. The percentage of loans in foreclosure continued to decline, falling 12 basis points from 2012’s first quarter and 16.

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TransUnion’s Q2 2018 industry insights report shows serious delinquency rates. declined, maintaining 64.2% since Q3 2017. Those consumers making home purchases tend to be taking on larger loans, as.