"Foreclosure start rates fell to their lowest level since the fourth quarter of 2007. Foreclosure inventory rates also fell, to their lowest level since the third quarter of 2010.
February’s foreclosure register fell to lowest rate given 1999 May 14, 2019 RSS FEED No comments Strong levels of practice and continued mercantile enlargement gathering February’s debt delinquencies and foreclosures to 20-year lows, according to CoreLogic’s Loan Performance Insights Report.
Serious mortgage delinquencies were down sharply. As of this past February, the national foreclosure inventory included approximately 1.1% of all homes with a mortgage; it was 1.5% in February 2015. The February 2016 foreclosure inventory rate is the lowest for any month since November 2007.
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Foreclosures at lowest rate since February 2008. The inventory of "seriously delinquent" loans – those 90 or more days past due – declined by 25,000 on the month to 1,118,000 in September reaching its lowest point August 2008, and number of properties in foreclosure of 30 days or more fell 137,000 to 3,771,000.
Foreclosure inventory dropped more than 23% year over year in March, hitting its lowest rate in years according to new data from CoreLogic.
The percent of loans in foreclosure, also known as the foreclosure inventory rate, decreased nine basis points overall to 4.43 percent. The foreclosure inventory rate for prime fixed loans decreased three basis points to 2.56 percent.
The national foreclosure inventory included approximately 355,000 homes in July, or 0.9 percent of all residential properties, which is the lowest level for any month since August 2007. One year earlier, the foreclosure inventory stood at 501,000 homes, or 1.3 percent of all residential properties.
The 5 states with the lowest foreclosure inventory as a percentage of all mortgaged homes were: Alaska (0.3%), Nebraska (0.4%), North Dakota (0.5%), Montana (0.5%) and Colorado (0.5%).
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This is the lowest. the smallest rate of growth since early 2016. The number of homes for sale priced at or above $2 million fell 6.0 percent year over year in the third quarter of 2018 compared to.