Mortgage delinquencies are down across the U.S. — but up in South Florida. Here’s why.

Credit a growing economy or stricter post-crash lending practices, but residential mortgage delinquencies dropped in March to the lowest level in the last 10 years. The report for CoreLogic states t

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Hurricane season responsible for 10% of delinquent mortgages.. While mortgage payment delinquencies are generally down across the country, they were explainably up in states hit by Hurricanes.

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Mortgage delinquencies are down across the U.S. – but up in South Florida. Here’s why. Article Courtesy of The Miami Herald By Rene rodriguez published january 16, 2018 Four months after Hurricane Irma made landfall in the Keys and worked its way up Florida’s west coast, the scope of the storm’s long-term effects are still.

According to a monthly study by CoreLogic, the number of delinquent mortgages in South Florida grew for the month of October 2017, likely because of Hurricane Irma. Delinquencies will probably.

In Colorado, the total mortgage delinquency rates for 30 days or more was 2.1 percent as of August, down 0.4 percent since last year. – Advertisement – Colorado Springs is doing well compared with the U.S. as a whole, but its mortgage delinquency rates are higher than the Colorado average.

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In the tri-county region, 12.7 percent of mortgages were delinquent by at least 30 days in November 2017, up from 7.4 percent in November 2016.