National, local mortgage delinquencies remain low

By on September 13, 2019
Inland Empire Foreclosures Down

Four percent of all U.S. mortgages were in some state of delinquency – 30 days or more past due, including foreclosures – during June, a year-over-year decline of .3 percent, according to data released Tuesday.

The national inventory foreclosure rate in June was .4 percent, virtually unchanged from June 2018 and the lowest for any month since at least January 1999, Irvine-based CoreLogic reported.

Early-stage delinquencies – 30 to 59 days past due – was 2.1 percent in June, up from two percent in June 2018.

In the Inland Empire, delinquencies 30 days or more past due totaled four percent, virtually unchanged from exactly one year earlier, CoreLogic reported.