Mortgage delinquency rate in South Florida dips, but remains high – South Florida Business Journal

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Mortgage delinquency rate in South Florida dips, but remains high – South Florida Business Journal

Bankrate Mortgage Rates. Product. Fixed-rate mortgages are the most common mortgage type. The interest rate remains the same for the life of the. Higher rates. delivers Florida business news along with reports on. measuring early-stage delinquency rates is important for analyzing the. A major storm did not strike Louisiana in 2017, but Florida and Texas are still recovering from Hurricanes Irma and Harvey, respectively. 490 1st Ave S

Foreclosure filings in South Florida jumped 23.6 percent in the first quarter of 2017 compared to the preceding quarter, according to Attom Data.

The May foreclosure rate was actually higher than the foreclosure rate in the month of April. In April, one in every 182 Florida properties were in danger of falling into foreclosure. However, it should be noted that in South Florida saw fewer foreclosure this past May as compared with May of last year.

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Mortgage Delinquency and Foreclosure Trends-Florida Fourth Quarter 2011 . This report for Florida is part of the Mortgage Delinquency and Foreclosure Trends series, released quarterly, which provides information on mortgage market condition s in the six states that comprise the

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Florida is an outlier as the only state to post an annual increase.. Mortgage delinquencies still high.. Southern Kitchen. Business and Real Estate Editor. But Sarasota-Manatee's performance improved month over month, with its. Overall U.S. mortgage delinquency and foreclosure rates were lowest.

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