December’s serious delinquency rate hit an 11-year low for the month

Though early-stage mortgage delinquencies inched up in December, serious delinquency and foreclosure inventory rates declined on an annual basis, according to CoreLogic's Loan Performance Insights Report. Early-stage delinquencies ticked up 0.1 percentage points to 2.3%, but the serious delinquency rate, describing mortgages 90 or more days past due , dipped from 2.3% to 2.1% year-over-year […]