According to a new report released by Jacksonville-based Black Knight, Inc., a mortgage data and analytics company, the national mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) rose by 13 percent in April. While this indicates a notable month-over-month increase, the figure also represents a 2.11 percent rise year-over-year.

However, the end of April falling on a Sunday impacted the processing of payments made on the last calendar day, which helped worsen the rise in early-stage delinquencies (borrowers 30 days late). This led to an increase by 200,000 (+25%), which aligns with the impacts of previous similar calendar-related events.

Despite this rise in early-stage delinquencies, the report showed significant improvement in serious delinquencies, defined as loans 90 or more days past due. In 45 states, accounting for 90% of the nation, plus the District of Columbia, the number of such loans saw a reduction.

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