Mortgage delinquency is predicted to fall to a 13-year low next year, while the origination of home-secured credit lines over the next five years is expected to double.
Delinquency of at least 60 days on U.S. residential loans outstanding as of the third quarter was previously reported at 1.91 percent.
But by the end of this year, the rate is expected to fall to 1.83 percent, a 45-basis-point improvement from the fourth-quarter 2016.
Source: Mortgage Daily
