Strong economy helps home loans, but student loans remain a problem.
Robert Carnevale – March 4, 2019
More than a decade after a spike in real estate delinquencies helped cause the Great Recession, the national mortgage delinquency rate has dropped to its lowest level in 18 years, Mortgage Bankers Association data from the most recent quarter showed.
“What’s even more noteworthy [is that] the delinquency rate dropped from the previous quarter and on a year-over-year basis across all loan types and stages of delinquency,” said Marina Walsh, vice president of industry analysis at MBA.
The percentage of delinquencies
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