MBA: Mortgage Delinquencies Increase in Q4 2023

From the MBA: Mortgage Delinquencies Increase in the Fourth Quarter of 2023

The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.88 percent of all loans outstanding at the end of the fourth quarter of 2023, according to the Mortgage Bankers Association’s (MBA) National Delinquency…