Michael Thomas Solomon Senior Mortgage Loan Officer | NMLS# 48175 Westford Village Mortgage Mortgage Professional Reviews

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Mortgage delinquencies spike in Manatee-Sarasota. Blame Hurricane Irma Low Mortgage Delinquency Levels Stabilize Consumer Credit Market Add to that the fact that consumers with auto loans are making timely payments and we are seeing delinquency rates at record low levels. of quarterly consumer lending sector analyses focusing on.Hurricane Irma cited as one cause. The Florida foreclosure rate fell from 1.3 percent to 0.9 percent, CoreLogic reported. Nationally, North Dakota’s serious delinquency rate did not change while the other 46 states saw decreases. Countrywide, 4.8 percent of mortgages were 30 days or more past due, including those in foreclosure in February.

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