The Data and Analytics division of Black Knight Financial Services reports the following “first look” at March 2016 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market:

• The national delinquency rate fell 8 percent in March; at 4.08 percent, it is at its lowest point since March 2007.
  
  
• At just under 2 percent, the rate of 30-day delinquencies is at lowest level in over 15 years.
  
  
• Spurred by declining interest rates, prepayment speeds (historically a good indicator of refinance activity) were up 46 percent from one month ago
  
  
• Foreclosure starts were down 14 percent from February; still driven primarily by repeat foreclosure activity​
  

For more information, see http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20160422.aspx#sthash.0QzDPECl.dpuf