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Mortgage Delinquency Rate

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Hurricane’s Effect on Local Housing Market

Experts are predicting an above-normal number of hurricanes this year. These severe storms can lead to ongoing financial trauma, including elevated mortgage delinquency rates.

Header Loan performance

Delinquency Rate Nears Pre-Pandemic Rate in September

In August 2021, 4% of home mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure)[1], which was a 2.6-percentage point decrease from August 2020 according to the latest CoreLogic Loan Performance Insights Report .