Foreclosure Rates Drop to Record 20-Year Lows

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That’s also 7 percent less than August’ s foreclosure rate, and down 16 percent from September 2011. “The five-year low, combined with the fact that. September’s decreased foreclosure activity.

The seasonally adjusted Case-Shiller 20 City Home Price Index rose 0.9% (12.1% y/y) on a seasonally adjusted basis after a 1.0% May gain. It was the third consecutive month of lessened increase following the 1.9% March jump. The result was to drop the 3-month annualized rate of increase to 15.3% from its record 20.2% recorded in March.

CoreLogic Reports Lowest U.S. Foreclosure Rate for a March in at Least 20 Years; Overall and Serious Delinquency Rates for a March at 13 Year Lows. decline in the overall delinquency rate compared with March 2018, when it was 4.3%. The foreclosure inventory rate fell from 0.6% to 0.4% year over year, its lowest for the month in at least 20 years.

Mortgage rates test new lows — 15-year fixed rate sets yet another record and the 30-year drops to 4.32%. And it looks like rates may keep falling.

There are at least three reasons why we should be concerned about such low interest rates. First, and most worrying, is the possibility that low long-term interest rates are a signal that the economy’s long-run growth prospects are dim. Later, I will go into more detail on the link between economic growth and interest rates.

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CoreLogic Reports Lowest U.S. Foreclosure Rate for a March in at Least 20 Years; Overall and Serious Delinquency Rates for a March at 13 Year Lows Twenty-one states logged a small annual gain in overall delinquency rate

Foreclosure Rates Drop to Record 20-Year Lows. By Paul Ausick May 14, 2019 10:55 am EDT. Print Email. Tweet. The share of home mortgage loan payments that are 30 days or more past due fell to a 19.

Mortgage rates fell this week and set a new record low – again – as investors welcomed recent improvements in the U.S. economy, while wondering if Greece really is near a deal to solve its.

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NEW YORK (CNNMoney) — Mortgage rates sunk to record lows again this week. The average rate on the 30-year fixed mortgage fell to 3.94%, matching the all-time low hit in early October, according.