Mortgage delinquency rate drops nearly 14%: TransUnion

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The mortgage delinquency rate has now dropped nearly 9% in the first six months of this year.

This yearly percentage decline doubled the 14% decrease observed between Q4 2013 and Q4 2014. It also marked the largest yearly drop TransUnion has observed for the fourth quarter since the mortgage.

TransUnion reported the 60-day mortgage delinquency rate dropped 28% from 3.29% in the last quarter of 2014 to 2.37% in Q4 2015. That decline doubled the previous year’s 14% decrease. It also was the largest annual drop the company has seen since the mortgage delinquency rate began to recover in.

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"As house prices and unemployment slowly improve, TransUnion’s forecast indicates that the national mortgage delinquency rate will gradually drop throughout 2013," said. was unprecedented in its.

The mortgage delinquency rate for homeowners 60 days or more delinquent on their mortgages fell below 4 percent during the last quarter of 2013, the first time the delinquency rate has been below 4% since 2008, according to TransUnion. According to the report, every state in the U.S. saw a decline in mortgage delinquency rates [.]

The national mortgage loan delinquency rate will decrease, while credit card delinquency rates will remain relatively low throughout 2013, according to annual forecasts from TransUnion. The national mortgage loan delinquency rate (the ratio of borrowers 60 or more days past due) is projected to decline to 5.06% by the end of 2013 from an estimated 5.32% at the conclusion of 2012.

Since the second quarter of 2011, California’s mortgage delinquency rate has dropped nearly 22% to 6.13%, while Arizona’s rate declined 21% to 6.14%. Both states had double-digit delinquency.

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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.

In 2013, the national mortgage loan delinquency rate will decrease somewhat while credit card delinquency rates may edge up, although they’ll remain at relatively low levels, according to annual forecasts from TransUnion.. The national mortgage loan delinquency rate (the ratio of borrowers 60 or more days past due) is projected to decline to 5.06% by the end of 2013 from an estimated 5.32% at.