ICE data shows a year-over-year rise of 13 basis points year over year, marking only the second—and largest—annual increase in the past 2.5 years.
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Interest Rates Break 22-Year Highs; Most Payments Over $2k a Month
According to a new report from Black Knight, Inc., half of new mortgage payments are over $2,000, while a quarter have surpassed the $3,000 mark.
Read More »5 Best and Worst States for May Mortgage Performance
According to a recent report, May delinquencies saw a reversal in performance compared to last month. Record highs were hit in prepayments, which also indicate refinance activity. See what state only has 2.12 percent of borrowers past due on their mortgage.
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