Delinquencies improved in January, highlighting the resiliency of U.S. mortgage holders.

The national delinquency rate fell to 3.38% in January, down from 3.57% in December, according to the Intercontinental Exchange (ICE) First Look Mortgage Performance report. The rate remained flat on a year-over-year basis and was the lowest recorded since October. 

The rebound was anticipated after the December calendar-driven surge in delinquencies. Because December ended on a Sunday, payments made on the last day of the month were credited to January. As a result, some loans details ⇒

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