Monday, May 18, 2020
The mortgage delinquency rate in the fourth quarter of 2019 was at its lowest rate since the Mortgage Bankers Association (MBA) began keeping track in 1979.
But that’s all changed since the pandemic struck.
Read on to see how much the delinquency rate for mortgage loans on one-to-four-unit residential properties increased in the first quarter of 2020, and the MBA’s predictions on how delinquencies could be affected in the future.
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