The U.S. mortgage delinquency rate, for loans at least 30 days late, fell 2.9% in June from the previous month, Black Knight Financial Services said in its monthly mortgage performance report.
The 30-day delinquency rate fell to 4.82% in June. That's a 15.5% decline from a year earlier.
The total foreclosure pre-sale inventory rate fell 2.11% to 1.46% in June from the previous month. That was a 22.6% decline from a year earlier.
Total foreclosure starts fell 3.5% to 79,000 in June compared to May. The total fell 10.5% from a year earlier.
Mississippi had the highest rate of noncurrent properties, at 12.7%, followed by New Jersey at 10.6%. North Dakota had the lowest rate at 2.2%, followed by Colorado at 3.1%.
