Mortgage delinquencies fall to a record low in May

Mortgage delinquencies fall to a record low in May
Mortgage delinquencies fell to a record low of 3.36% in May as a strong labor market helped Americans to pay their mortgages on time, according to a Black Knight report. Prepayments on first-lien U.S. mortgages rose 24% in May, double the rate of four months ago, the company said.
Source: https://www.housingwire.com/rss