Home

August 20, 2019

U.S. Homeownership Tenure Reaches Record High

American homeowners are staying put longer than ever before, with the average tenure reaching a record high of 8.09 years in the second quarter of 2019. […]
August 16, 2019

Consumer Debt/Economic Concern Raises Mortgage Default Risk

Mortgage default risk rose in the U.S. in Q1 2019 as a result of increased economic risk and borrower risk, according to the recently launched Milliman […]
August 8, 2019

Most U.S. Markets Out of Reach for Would-Be Homebuyers

A good real estate agent might tell you that the general rule of thumb when buying a home is to follow a price-to-income ratio of 2.6.  […]
August 7, 2019

Cost of Living in the U.S. Climbs

It keeps getting more expensive to live in the U.S., as new data shows that both rent and home prices are continuing to climb. Rent values […]
August 5, 2019

Almost 40% of Homes are Mortgage-Free

The percentage of homes in the U.S. that are not financed by a mortgage is increasing, according to recent data.  Zillow found that 37% of homes […]
August 1, 2019

FICO Scores Jump to 3-Year High

The average credit score of borrowers who got all types of mortgages in June rose to 731, an almost three-year high, as a strong labor market […]
July 31, 2019

Mortgage Delinquencies Spiked in June

While seasonal factors were attributed to the monthly rise in mortgage delinquencies for June, the jump was still much higher than last year’s fairly steady increase, […]
July 30, 2019

Mortgage Fraud Risk Plunges

The risk of mortgage application fraud fell in the second quarter of 2019 thanks to a decrease in interest rates. According to CoreLogic’s National Mortgage Application […]
July 24, 2019

Loose Credit Standards Reach Post-Housing Crisis High

As purchase applications stalled this spring despite low mortgage rates, lenders continued to loosen credit standards in May, according to the Mortgage Bankers Association. Mortgage credit […]