February’s foreclosure inventory fell to lowest rate since 1999

The national foreclosure inventory included approximately 355,000 homes in July, or 0.9 percent of all residential properties, which is the lowest level for any month since August 2007. One year earlier, the foreclosure inventory stood at 501,000 homes, or 1.3 percent of all residential properties.

The foreclosure inventory rate, which measures the share of mortgages in some stage of the foreclosure process, hit 0.7% in July. This is down from 0.9% last year, and the lowest since July 2007.

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MBA: Foreclosure Inventory Rate at 12-Year Low. Nonetheless, the mortgage delinquency levels were down from the previous quarter across all loan types, and the percentage of loans in the foreclosure process at the end of the first quarter fell to 1.16 percent, down three basis points from the fourth quarter and 23 basis points lower than a year ago.

The February 2019 foreclosure inventory rate tied the November and December 2018 and January 2019 rates as the lowest for any month since at least January 1999. The report said the rate for early-stage delinquencies (30-59 days past due) fell to 2% in February, down from 2.1% a year ago.

U.S. Real Estate Trends uses RealtyTrac to learn more about local foreclosure trends at RealtyTrac. Includes local state and local foreclosure market information and statistics.

Being late to the technology party may actually benefit FHA and Ginnie Verified answer. I agree with the person above – being debt free within the next 15 years in an example of a long-term goal. A short-term goal would involve hours, days, or even months. But here, we’re talking about years, at least 15 of them, which is a long time during which many things can change.

Aged foreclosure inventory, which is comprised of residential mortgage loans in active foreclosure that are at least two years delinquent, has seen significant improvement in the last seven months, according to Black Knight Financial Services May 2015 mortgage monitor released Monday.

 · This is the lowest delinquency rate since June 2008. On a month-over-month basis, the number of seriously delinquent mortgages declined by 1.1 percent. As of February 2015 the national foreclosure inventory included approximately 553,000 homes compared to.

February’s foreclosure inventory fell to lowest rate since 1999. Ginnie Mae MBS issuance returns to year-ago levels. Leave a Reply Cancel reply. Your email address will not be published. Required fields are marked * Comment. Name * Email * Website.

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Buying Texas Foreclosure Auction Properties November 6, 2018 Sales "Foreclosure start rates fell to their lowest level since the fourth quarter of 2007. Foreclosure inventory rates also fell, to their lowest level since the third quarter of 2010.

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes fell 6.7. Down to Lowest Levels Since 2008 A total of 161,875.