The rate of mortgages delinquent for at least 30 days rose 4% in May from the previous month, according to Black Knight Financial Services.
While the 30-day delinquency rate rose to 4.96% in May, it's still almost
The total foreclosure presale inventory rate fell 1.3% to 1.49% in May; that figure is down 22.1% from a year ago.
Total foreclosure starts rose 11.4% to 81,900 in May.
The number of properties that are at least 30 days past due, or are in foreclosure, rose by 89,000 to 3.3 million properties.
Mississippi had the highest rate of noncurrent properties, at 12.9%, followed by New Jersey at 10.1%. North Dakota had the lowest rate at 2.2%, followed by Colorado at 3.2%.
