Foreclosure Rates Drop to Record 20-Year Lows

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 · The Foreclosure Crisis Is Still Hitting These States Hard. Rising home values help keep foreclosures at bay by reducing the chances of negative equity forming. In Idaho, the median home value increased close to 20 percent in just two years, from $165,200 in August 2015 to.

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The serious delinquency rate – defined as 90 days or more past due, including loans in foreclosure – was 1.4% in March 2019, down from 1.9% in March 2018. The serious delinquency rate of 1.4% this March was the lowest for that month since 2006 when it was also 1.4%.

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New Foreclosure Rate Surges to Record A record number of people started the foreclosure process in the April-to-June quarter, according to the Mortgage Bankers Association of America. The rate of.

Rates at this average are at historical lows and will probably never see these levels again. The average rate for a 15-year fixed loan are down to 3.12%, a further dip from last week’s 3.13%. Freddie Mac rates drop to record low | RealtyStore

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U.S. foreclosure rates hit 20-Year Low in March According to CoreLogic’s latest monthly Loan Performance Insights Report, the report shows that nationally 4% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in March 2019

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Foreclosure rate falls to near 20-year low.. Foreclosures drop to lowest level in nearly 12 years.. New report shows that foreclosure starts hit record low in first half of 2016.

Mortgage Rates Again Drop to New Record-Lows Just how low can mortgage interest rates go? Lately it seems like there’s no bottom in site. For months now, rates have been falling to new record-lows week after week, and this week, they headed even lower.

Maybe because mortgage rates have been in a state of free-fall for the last year, and every week seems to offer the same story of new record lows. This week was no exception, as Freddie Mac reported that the average 30-year fixed rate is now at 4.19% and the average 15-year fixed rate was 3.62%.