Mortgage delinquency rate drops nearly 14%: TransUnion

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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.

The trend brought down the national late-payment rate on. at very low delinquency rates," Martin said. "That’s why we’re expecting more improvement to come." TransUnion forecasts that the national.

The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) dropped for the second consecutive quarter, declining to 5.49% in Q2 2012. The mortgage delinquency rate has now dropped nearly 9% in the first six months of this year.

Mortgage delinquency rates continued. Delinquencies for mortgages continued to drop, while both auto and credit card default rates remained near all-time lows,” said Ezra Becker, VP of research and.

The delinquency rate is less than half of what it was three years ago, when it was reported at 5.39 percent for Q2 2012, according to TransUnion. "This is the lowest mortgage delinquency level we’ve.

The mortgage delinquency rate dropped 23.3% in the past year, ending Q3 2013 at 4.09%. It stood at 5.33% in Q3 2012. The mortgage delinquency rate also dropped on a quarterly basis, down 5.3% from.

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.

While the share of residential mortgages that are seriously delinquent (60 days or more overdue) took a substantial drop to close out 2015, the average level of mortgage. TransUnion. The 28 percent.

The percentage of borrowers more than 60 days past due on their home loans is expected to drop from 3.94% at the end of this year to 3.75% at the end of next year, TransUnion said. The national.

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On a year-over-year basis, the mortgage delinquency rate has declined nearly 14% from 6.01% in Q4 2011. "The national mortgage delinquency rate experienced its largest yearly decline since the conclusion of the recession, though we still remain far above normal levels," said Tim Martin, group vice president of U.S. Housing in TransUnion’s financial services business unit.