Transition from “Current” to 30-days past due:
In April, the share of all mortgages that were past due, but less than 30 days, soared to 3.4% of all mortgages, the highest in the data going back to 1999.
This was up from 0.7% in April last year.
During the Housing Bust, this rate peaked in November 2008 at 2%:
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