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Home > Archives for May 2018

Archives for May 2018

MBA: Foreclosure Inventory Rate at 12-Year Low

May 18, 2018 by mthomas Leave a Comment

The delinquency rate for mortgages on one-to-four-unit residential properties fell to a seasonally adjusted rate of 4.63 percent at the end of the first quarter, according to new data from the Mortgage Bankers Association (MBA). This marks a 54-basis-point drop from the fourth quarter and an eight-basis-point decline from one year earlier. However, the share of home loans on which foreclosure Continue Reading

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