Mortgage

July 17, 2018

Foreclosure Filings Fall Nationwide

Foreclosures in the first half of 2018 are far below their peak of 1.6 million in 2010, but 40% of local markets showed an uptick in […]
July 13, 2018

Legal Speak: Debt Collection Dispute Goes to U.S. Supreme Court

The U.S. Supreme Court agreed to decide whether thousands of borrowers can invoke a federal debt-collection law when they are facing foreclosure.  The justices said they will […]
July 12, 2018

Mortgage Payments Biggest Financial Burden in a Decade

The share of median income needed for monthly mortgage payments on the median U.S. home increased to 17.1%, which is the largest share of income since […]
July 10, 2018

Business-Loan Drought Ends for Banks

Preliminary second-quarter data from the Federal Reserve indicate the year-over-year growth rate of business loans rose to 5.5% in late June from less than 1% near […]
July 9, 2018

Equity Gains: U.S. Homeowners are $1 Trillion Wealthier

As house values continued growing, homeowners with mortgages, accounting for 63% of all properties, saw their equity increase 13.3% year-over-year in the first quarter, a gain […]
July 6, 2018

Housing Costs to Blame for Low Millennial Homeownership

The homeownership rate for adults age 25 to 34 was 37.5% in 2016, about three percentage points lower than the historical average for this demographic and […]
July 5, 2018

Commercial Real Estate, Multifamily Mortgage Debt Spikes

Commercial and multifamily mortgage debt outstanding grew $44.3 billion during the first three months of 2018, the largest first-quarter gain since before the Great Recession, according […]
July 3, 2018

Commercial Real Estate Lending on the Decline

The rate of growth for commercial real estate (CRE) lending has dropped to its lowest level in at least three years as banks have tapped the […]
June 29, 2018

Consumers Confident in Mortgage Approvals, Home Sales

The share of consumers confident that it wouldn’t be difficult to obtain a mortgage in the current market shot up 10% from a quarter ago, according […]