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Florida was the Only State to Post an Annual Increase in Overall Delinquency Rate

Florida was the Only State to Post an Annual Increase in Overall Delinquency Rate

"The foreclosure inventory rate – meaning the share of mortgages in some stage of the foreclosure process – was 0.5 percent in May 2018, down from 0.7 percent a year earlier and the lowest level since 2006. The foreclosure rate is now below the average pre-crisis level of 0.6 percent.

The share of mortgages that were 30 to 59 days past due – considered early-stage delinquencies – was 1.8 percent in May 2018, down from 1.9 percent in May 2017. The share of mortgages 60 to 89 days past due was 0.6 percent in May 2018, unchanged from May 2017.

 

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