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the-peak

Mortgage Delinquencies Fall in December

In December, 90-day mortgage delinquencies were at 5.64%, which seems low compared to the peak of 10%. But the level before the housing bubble was 4% to 5%.

Why mortgage delinquencies tick down in September

Mortgage delinquencies are falling as home prices rise and the foreclosure pipeline clears. While 5.7% seems low compared to the peak of 10%, the normal level before the housing bubble was 4%–5%.