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Economics

Fannie Mae: Mortgage Serious Delinquency Rate Increased Slightly in March

Fannie Mae reported that the Single-Family Serious Delinquency increased to 0.66% in March, from 0.65% in February. The serious delinquency rate is down from 0.74% in March 2019.IMPORTANT: These are mortgage loans that are “three monthly payments or more past due or in foreclosure”.  So it will take three months…

Fannie Mae: Mortgage Serious Delinquency Rate Increased Slightly in March

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