CoreLogic: Mortgage Delinquencies Spike, Despite Strong Housing Demand
OCTOBER 13, 2020
serious delinquiencies on mortgages--the highest level since April of 2014--despite strong housing demand. corelogic mortgage delinquency spike housing demand foreclosure economy covid19Irvine-based property information provider CoreLogic reports that it is seeing a spike in U.S. According to the firm, 6.6 percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), a 2.8 percent increase over July of 2019, when it was 3.8%.