Quarterly single-family mortgage delinquency, including on government loans, has improved, and the foreclosure rate is the lowest in a decade.

Including foreclosures, the 30-day rate of past-due payments on single-family mortgages concluded the first quarter of this year at 6.10 percent.

Delinquency declined compared to the final quarter of last year, when 6.33 percent of all home loans were past due or in the foreclosure inventory.

Source: Mortgage Daily