Mortgage delinquencies lower in first quarter of 2017 » Mortgage Masters Group
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The delinquency rate for mortgages on one- to four-unit homes decreased to 4.71 percent in the first quarter, down 9 basis points from the fourth quarter and 6 basis points lower from a year earlier.
The U.S. mortgage delinquency rate fell in the first quarter to 7.4 percent, the lowest level in more than three years, the Mortgage Bankers Association said yesterday. The rate peaked at 10.1 percent.
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Private mortgage insurers Radian Group (NYSE. a year-over-year decline in primary delinquent loans by 21%, new business also increased to $13.4 billion for the quarter, up from $10.9 billion during.
That’s up from both the fourth quarter of 2018 and a year ago. Profitability metrics remained strong, and we continue to rank highly among our peer group. in the first quarter of 2019, we’re now.
Mortgage delinquencies lower in first quarter of 2017. The rate of mortgage delinquencies slipped in the first three months of 2017 according to new data from the Mortgage Bankers Association. Its National Delinquency Survey reveals that the rate for one-to-four unit residential properties was a seasonally-adjusted 4.71% of all mortgage loans,
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About $372 billion in first-lien mortgage were originated in the first quarter of 2017, a decline of 9% from the first quarter of 2016. This marks the lower point since the fourth quarter of 2014.
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