TransUnion’s report showed mortgage delinquency rates dropped below 2% for the first time in nearly 10 years as it hit 1.93% in the. are largely to blame for the sudden quarterly drop in.
The city’s mortgage delinquency rate has risen sharply in the last. Brooklyn and Queens both rose nearly 12%.. the average mortgage debt there fell 14%, to $465,860, the TransUnion report.
The credit card delinquency rate reached 1.46% in Q2 2017, up 13.2% from 1.29% in Q2 2016. This brings the card delinquency rate above the average Q2 delinquency reading of 1.27% for the last three years. While this increase may seem large, delinquency levels remain well below the 3% delinquency rates observed after the recession.
The national mortgage delinquency rate, the rate of borrowers 60 or more days past due, dropped in the second quarter to 5.49%, according to Chicago-based TransUnion. This is the second consecutive quarterly drop for the mortgage delinquency rate, which has fallen nearly 9% in the first six months of this year.
CHICAGO, IL–(Marketwired – Nov 12, 2013) – The mortgage delinquency rate (the rate of borrowers 60 days or more delinquent on their mortgage) dropped 23.3% in the past year, ending Q3 2013 at 4.09%. It stood at 5.33% in Q3 2012.
The youngest group of mortgage borrowers posted the lowest mortgage delinquency rate, falling to 2.34% at the end of the second quarter, according to a new report from TransUnion. “Mortgage.
Obama Scorecard: Housing market continues to improve, but risks linger Last week, Department of Housing and urban development (hud) in collaboration with the U.S. Treasury released the June edition of the Obama Administration’s Housing Scorecard, which portrayed the housing market making significant gains, an improvement being celebrated by an embattled white house.Obama scorecard shows home equity highest since 3Q 2008 Obama Administration’s Housing Scorecard Shows Bright Spots in February – The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury released the February edition of the Obama Administration’s Housing Scorecard. The latest data show..
‘Based on revised economic assumptions, which are now more optimistic than before, TransUnion believes that the 60-day mortgage delinquency rate will likely continue to drop in 2010, possibly to as low as 6.3 percent," Guarrera says, cautioning that unanticipated economic shocks to the housing market could lead to higher delinquency levels.
Mortgage Delinquency Rate Down Nearly 14% in 2012: transunion february 12, 2013 Staff 0 Comments charge-offs , credit delinquencies , credit reports , foreclosures/mortgage relief The national mortgage delinquency rate, which refers to the rate of borrowers 60 days or more past due, declined on a year-over-year basis nearly 14 percent in the fourth quarter of 2012.
The housing market continued to heal as the national mortgage delinquency rate dropped to 4.09% in the second-quarter of 2013, a drop of nearly 26% when compared to the same period last year,
California bankruptcy court rules against MERS The owners of California’s two biggest utilities are going to court to limit their liability. to make California more resilient against natural disasters and climate change, including updating.
according to TransUnion s latest mortgage report. The mortgage delinquency rate declined more than 14% in the last year (down from 3.84% in Q4 2013). Average mortgage balances per consumer rose to.
The mortgage delinquency rate has now dropped nearly 9% in the first six months of this year.
Surefield launches free home price tool Two Redfin Veterans Launch a New Brokerage Model. – Notorious. – But Surefield is but one of many companies that are looking to save consumers money and make the process of buying a home more efficient. by devaluing buyer agency. Surefield is the most straightforward: if you think your buyer agent was valuable, then ask for the fees in the offer. Otherwise, no soup for you.