Delinquencies Decrease, But Foreclosures Start to Inch Up
According to Lender Processing Service’s “Mortgage Monitor,” more than 3.1 million, or 6.21% of home mortgages, were more than 30 days delinquent but were not foreclosed in the month of April. This is a slight decrease from the 6.59% delinquency rate in March, in which over 1.7 million homes were more than 30 days, but […]