personal finance

Despite economic recession and record national unemployment, mortgages past due remain at 20-year average low

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(The Center Square) - Despite an economic recession and record unemployment in the U.S. due to the coronavirus shutdown implemented by state executive orders, the share of mortgages that transitioned from current to 30 days past due increased to only 1 percent in March, below the 20-year average of 1.3 percent, according to a new report published by CoreLogic.