The rate of past-due payments, serious delinquency and foreclosures on mortgages outstanding all moved lower on a monthly basis.

On single-family loans, delinquency of at least 30 days, including the foreclosure inventory rate, was 5.0 percent as of Feb. 28, 2017.

The late-payment rate receded compared to the preceding month, when the previously reported 30-day rate landed at 5.3 percent.

Source: Mortgage Daily