U.S. Mortgage Delinquency Rates at 20-Year Lows

According to CoreLogic's latest monthly Loan Performance Insights Report, nationally, 3.8% of U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in July 2019, representing a 0.3 percentage point decline in the overall delinquency rate compared with July 2018, when it was 4.1%. As of July 2019, the foreclosure inventory rate - which measures the share of mortgages in some stage of the foreclosure process - was 0.4%, down 0.1 percentage points from July 2018. The July 2019 foreclosure inventory rate tied the prior eight months as the lowest for any month since at least January 1999.