The Refi Boom is Keeping Elevated Delinquencies in Check

As the COVID-19 pandemic rages on and hampers the economy, many homeowners may be looking for greater mortgage relief. Foreclosure moratoriums are in place and many lenders are offering assistance to those struggling.
While the rate of non-current loans remained sharply higher than a year ago, CoreLogic reports that serious delinquencies, loans more than 89 days past due, began to level off in September for the first time since the start of the pandemic. Click here to read more.

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