San Francisco has the Lowest Mortgage-Delinquency Rate

San Francisco Has the Nation’s Fewest Delinquent Mortgage Holders

San Francisco has the Lowest Mortgage-Delinquency Rate. For the latest real estate data, read full article @ elizabethGkilgore

• The U.S. mortgage-delinquency rate dipped to 4.3 percent in March, the lowest since March 2007.
• In the San Francisco metropolitan area, 1.5 percent of homeowners are delinquent on their mortgages, the fewest of any large U.S. housing market.
• Mortgage delinquencies rose in the Santa Rosa and Napa metro areas from one year earlier, likely a result of October’s wildfires.

A thriving economy and rising home equity have helped pushed mortgage delinquencies to the lowest point since before the Great Recession, with San Francisco claiming the best late-payment rate of any large U.S. city.

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