Measuring early-stage delinquency rates is important for analyzing the health of the mortgage market. To monitor mortgage performance comprehensively, CoreLogic examines all stages of delinquency as well as transition rates, which indicate the percentage of mortgages moving from one stage of delinquency to the next.
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Mortgage Delinquencies Dropping. Realistically it would seem that it was only a matter of time until the Arizona mortgage delinquency rate dropped. However, it’s important to note that it has dropped below the national average, which is a great sign for the overall health and vitality of the Arizona real estate market.
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The delinquency rate for mortgage loans on residential properties in Arizona was 3.35 percent at the end of the third quarter of 2016, an increase of 5 basis points from the second quarter of 2016, according to MBA’s National Delinquency Survey. The delinquency rate excludes loans in the process of foreclosure.
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Arizona Real Estate Experiences A Significant Drop in Mortgage Delinquency Rates – Jeff Cameron Pearl Williams Contents Delinquency rate tracks closely Drop project (boston globe Annual sales rate Real estate news: arizona Delinquencies and Foreclosures Continue.
TransUnion’s report showed mortgage delinquency rates dropped below 2% for the first . . . A new report from TransUnion showed mortgage delinquencies decreased to a new post-recession low in the.