Mortgage Delinquencies Set to Soar: Report

Despite a rise in the mortgage delinquency rate in the fourth quarter of 2016, the slight uptick follows a record-low third-quarter report, according to the Mortgage. “We saw a mixed set of results.

according to a report Thursday from the Mortgage Bankers Association. In Colorado, 4.32 percent of the 1.02 million loans the MBA tracks were delinquent and 1.71 percent were in foreclosure as of the.

Schafer said homes are staying on the market longer (up 26.32% year to date) and buyers are more aggressively negotiating (the list price ratio dropped to 99.35%), but somehow prices continue to soar.

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While the majority of household debt is mortgage debt. credit card delinquency is a screaming red flag. Missed payments are reported by creditors to the credit bureaus and included in your credit.

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Mortgage delinquencies down to a decade low. If there was any doubt about the value of data center real estate investment trusts, the merger of San Francisco’s Digital Realty and Washington D.C.-based DuPont Fabros, in an all-stock transaction worth .6 billion, should dispel any questions. The deal, which is expected to close in the second half.

Severe delinquencies among mortgage holders increased more than 50 percent from year-ago levels during the third quarter, according to data released Tuesday morning by credit reporting agency.