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Calculated Risk - Mortgage Delinquencies and the Unemployment Rate
8/11/2016 @ 1:43 PM - In the press release for the MBA quarterly National Delinquency Survey for Q2 , Marina Walsh, MBA's Vice President of Industry Analysis, wrote: "The mortgage delinquency rate tracks closely with the nation's improving unemployment rate. In the second quarter of 2016, the mortgage delinquency rate was 4.66 percent, while the unemployment rate was 4.87 percent. By...
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