Home Mortgage Delinquency Rates Lowest In Twelve Years

Mortgage delinquency rates across Georgia and the rest of the US in July and August declined to their lowest rates in twelve years.  The loan delinquency rate, which measures the number of home mortgages over 30 days late but not yet in foreclosure, stood at 3.52% in July and August. Analysts, however, expect the overall rate of mortgage delinquencies to increase as the effects of Hurricane Florence become more apparent during the next few months.

Peachtree Mortgage Services, Inc. offers home mortgage loan products in the Atlanta area and throughout the state of Georgia.  Contact us at 770.481.0052 to discuss our home mortgage loans


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