According to Lender Processing Services, the U.S. loan delinquency rate rose slightly in November. Overall the delinquency rate this year has dropped compared to the last few years, down approximately 10% year-to-date. Foreclosure inventory rates fell 2.5% last month, and averaged 29% for the year while the total number of foreclosures averaged 1.256 million. The loan delinquency rate year-over-year averaged 9.41%. More here
NMLS ID#: 71222
Jeffrey Halbert - First Home Mortgage
3240 Ferry Landing Road
Suite 201
Dunkirk, MD 20754
Phone:
(301) 327-5803
Fax:
(443) 725-9080
This is not a commitment to lend. Terms and conditions of programs, products and services are subject to change. All loans are subject to credit approval and property appraisal. Certain restrictions may apply on all programs. First Home Mortgage Corporation of America, First Home Mortgage Services, and First Home Mortgage Company of Maryland are d/b/a's of First Home Mortgage Corporation. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia, Indiana, Kentucky, Maine, Maryland, Massachusetts Mortgage Lender and Broker (Lic. #MC71603), Michigan, New Hampshire, Licensed by the New Jersey Department of Banking and Insurance, North Carolina, Pennsylvania, Rhode Island Licensed Lender and Broker, South Carolina, Tennessee, Vermont, Virginia, West Virginia. Equal Housing Lender. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). Privacy Policy.