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Mortgage delinquencies edged higher in November: ICE

While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Furthermore, the delinquency rate among FHA loans is at a nine-year high, and will be worth watching closely in 2024, the report said.

The national delinquency rate climbed to 3.39% in November, which is up 13 basis points from October and down 10 basis points from November 2022.

In November, serious delinquencies (90+ days past due) rose month over month, adding 12,000 additional borrowers in that category for details ⇒

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