Daily market update: May 10, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest.

Mortgage rates:

[graphiq id=”b2w6fmfIyNL” title=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/b2w6fmfIyNL” link=”http://mortgage-lenders.credio.com” link_text=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

News from earlier this week

Tuesday, May 9

CoreLogic Loan Performance Insights

• Serious delinquency and foreclosure rates hit lowest levels since 2007
  • The 30 days or more delinquency rate for February 2016 was 5.5 percent.
  • In February 2017, 5.0 percent of mortgages were delinquent by at least 30 days or more including those in foreclosure. This represents a 0.5 percentage point decline in the overall delinquency rate compared with February 2016.

Email market reports to press@inman.com.