Black Knight’s First Look: Mortgage Delinquencies Hit Record Low in March, While Prepayments Rose on Easing Rates and Seasonal Tailwinds
Mortgage Ledger Staff2023-04-21T12:53:59-04:00- The national delinquency rate dropped 53 basis points (-15%) in March, falling below 3% for the first time on record, ending the month at just 2.92%
- While delinquency rates almost always fall in March – as borrowers utilize