The percentage of land lots with property tax delinquencies in the Northeast and South are approaching 9% in both cases, whereas in the West the delinquent property tax rate is almost 7% and in the Midwest it’s just shy of 6.5%. A delinquency rate of 10% or above would be considered high, so these rates are in line with expectations.
Black Knight, Jacksonville, Fla., said residual impact of summer hurricanes triggered a second consecutive monthly increase in mortgage delinquencies. The company’s First Look Mortgage Monitor for October said the national mortgage delinquency rate rose to 4.44 percent, up by 0.94 percent from September and up by 2.05 percent from a year ago.
In addition, prepayment speeds decreased by 30 percent in January to the lowest numbers since February. in black knight financial Services’ December 2016 month-end mortgage performance report. The.
Queensland has a 30-day delinquency rate of 1.41 per cent, although its performance has improved slightly – it was down from 1.86 per cent at the end of March. Most of Australia’s 10 worst.
· that the 30year mortgage rate is at 4.63% with 0.5 points, another decline from last week. The 5year arm declined slightly to 4.04% with a fee of 0.3 points.
· Black Knight Financial Services says the drop in mortgage rates following the Brexit vote means 1.3 million more borrowers could benefit from refinancing, boosting the total to 8.7 million – the highest number since 2012. newly eligible borrowers currently have rates at or above 4.25 percent.
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Black Knight’s First Look: strong april mortgage performance Pushes National Delinquency Rate to New Record Low; Prepayment Activity Continues to Rise – Following a slow start to the year, the national delinquency rate fell by more than 5% month- over-month; at 3.47%, it is now at its lowest level on record dating back to 2000
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Real estate daily market update: February 9, 2018.. February 5. Black Knight’s Mortgage Monitor.. we see the national delinquency rate actually fell to 11 percent below long-term norms.
– Following a slow start to the year, the national delinquency rate fell by more than 5% month-over-month; at 3.47%, it is now at its lowest level on record dating back to 2000 – Serious delinquencies – loans 90 or more days past due, but not yet in foreclosure – fell to 474,000, marking a 124,000 year-over-year decline and a 12-year low – While monthly foreclosure starts edged up slightly.