The mortgage delinquency rate (30 days or more past due) fell to 3.38% in December, down nearly 6% compared with November and down nearly 45% compared with December 2020, according to Black Knight’s First Look report.
That’s almost as low as the pre-pandemic delinquency rate of 3.28% in February 2020.
As of the end of the year there were about 1.8 million properties were 30 days or more past due, down about 107,000 compared