Thanks to an improving economy and growing home equity, the U.S. mortgage delinquency rate hit its lowest level in recorded history in December, falling to just 3.4% of all loans, according to CoreLogic.
That’s down from 5.8% of all loans in December 2020.
The firm’s monthly Loan Performance Insights Report shows that early-stage delinquencies (30 to 59 days past due) represented just 1.2% of all loans in December, down from 1.4% in December 2020.
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
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