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Mortgage delinquencies fall to a record low in May 

Jun 20, 2019By

Mortgage delinquencies fell to a record low of 3.36% in May as a strong labor market helped Americans to pay their mortgages on time, according to a Black Knight report. Prepayments on first-lien U.S. mortgages rose 24% in May, double the rate of four months ago, the company said.