Mortgage delinquencies increase while foreclosures decline | Real ...

By Dennis Norman, on August 14th, 2012

Serious mortgage delinquencies (90+ days delinquent) increased in June by 3.4 percent from the month before according to the LPS Mortgage Monitor Report which was just recently released. ? On a good note, the foreclosure pre-sale inventory rate declined 2.0 percent in June from the month before.

Total U.S. loan delinquency rate:	7.14 %
Month-over-month change in delinquency rate:	3.4 %
Total U.S. foreclosure pre-sale inventory rate:	4.09 %
Month-over-month change in foreclosure pre-sale inventory rate:	-2.0 %
States with highest percentage of non-current* loans:	FL, MS, NV, NJ, IL
States with the lowest percentage of non-current* loans:	MT, AK, WY, SD, ND

Source: LPS Mortgage Monitor

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Source: http://www.realestateindustrynews.com/foreclosures/mortgage-delinquencies-increase-while-foreclosures-decline/

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