Mortgage Delinquencies Tick Up in August, With FHA Defaults Leading: ICE Report
American homeowners are struggling to keep up with their mortgage payments as delinquencies climbed 16 basis points in August, according to the ICE Monthly Mortgage Monitor Report released Oct. 6. Despite some brief summer declines, the delinquency rate climbed to 3.43% in August, up 10 basis points from a year ago, ICE reported. It’s worth…
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