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Home » Store » Inside Mortgage Trends » Recovery Continues, Foreclosures Fall 31 Percent

Recovery Continues, Foreclosures Fall 31 Percent

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Inside Mortgage Trends

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In another sign that the housing and mortgage markets continue to heal from their catastrophic collapse in 2007, the national foreclosure rate in the U.S. dropped by 30.53 percent in 2016, ending the year at 0.95 percent of active mortgages, according to new data from Black Knight Financial Services. “This marks the most improvement Black Knight has seen in any year on record,” the firm said in its “first look” at December 2016 month-end mortgage performance statistics. Also, the inventory of ...
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