Mortgage

June 14, 2019

Negative Equity Falls; Home Equity Gains Slow

A majority of U.S. homeowners saw significant home equity gains in the first quarter, as home prices continued to rise in most markets.  That means fewer […]
June 13, 2019

U.S. Foreclosure Rate Hits 20-Year Low

According to CoreLogic’s latest monthly Loan Performance Insights Report, 4% of mortgages were in some stage of delinquency (30 days or more past due, including those […]
June 12, 2019

CMBS Delinquencies Continue Descent

Economic strength bolstered the performance of loans included in commercial mortgage-backed securities with delinquencies improving for the seventh quarter in a row, according to the Mortgage […]
June 6, 2019

Household Debt Hits $13.67 Trillion

Total U.S. household debt rose 0.9% from the prior quarter to $13.67 trillion in the first three months of 2019, about in line with the pace […]
June 5, 2019

Consumer Confidence Surges to Near 18-Year High

Expectations of economic growth paint a sunny picture for summer home buying with consumer confidence approaching an 18-year high. Potential buyers positively assessed income, business and […]
June 4, 2019

Mortgage Application Fraud Risk Declines

The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications during April decreased by 4.2% from March, according to new data […]
June 3, 2019

Home Affordability Returns After 3 Years

In March, home prices retreated 0.9%, sliding 0.04% year over year, according to First American’s Real House Price Index.  According to First American’s data, unadjusted house […]
May 31, 2019

Consumer Confidence on the Rise

American optimism about the economy continued to recover in May, following a dip earlier this year, according to a monthly barometer of consumers’ mood.  The Conference Board […]
May 30, 2019

Americans Still View Housing as Good Investment

A majority of Americans (65%) think it is still a good idea to invest in a home, according to the latest survey of consumer expectations of […]