Hurricanes and Economic Data
For everyone in Florida - stay safe!Frequently there is a temporary slowdown in several growth indicators following a large natural disaster. And usually there is a pretty rapid bounce back…
Fannie Mae: Mortgage Serious Delinquency Rate Declined in July, Lowest Since June 2007
Fannie Mae reported that the Single-Family Serious Delinquency declined to 0.67{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} in July, from 0.70{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} in June. The serious delinquency rate is down from 0.88{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} in July 2018.These are mortgage…