Daily market update: May 9, 2017

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Tuesday, May 9

CoreLogic Loan Performance Insights

• Serious delinquency and foreclosure rates hit lowest levels since 2007
  • The 30 days or more delinquency rate for February 2016 was 5.5 percent.
  • In February 2017, 5.0 percent of mortgages were delinquent by at least 30 days or more including those in foreclosure. This represents a 0.5 percentage point decline in the overall delinquency rate compared with February 2016.

 

Mortgage rates:

[graphiq id=”b2w6fmfIyNL” title=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/b2w6fmfIyNL” link=”http://mortgage-lenders.credio.com” link_text=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

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