1.6 Million Homeowners Were 30+ Days Past Due On Their Mortgages

Real Estate Insight

In November, approximately 1.6 million homeowners were more than 30 days past due on their mortgages, leading to a national delinquency rate of just over 3% which represented a 3.5% increase from October’s total, while loans 60 or more days late saw an 11% surge.