In July, just 4.1 percent of mortgages nationwide were past due, CoreLogic's latest Loan Performance Insights Report shows, and 0.5 percent were in foreclosure-the latter the lowest share since 2006. According to the report: “With the national unemployment rate remaining below 4 percent since July, further declines in U.S. delinquency rates are likely in coming months,” says Nothaft.
