Mortgage

November 14, 2017

Housing Affordability Still Strong Despite Price Increases

Home prices continue to increase, yet affordability actually improved since July, according to the latest Mortgage Monitor report from Black Knight.  As of September, the average […]
November 10, 2017

Millennials are saving more for retirement

In the race to save for retirement, one group is doing surprisingly well: millennial parents.  That’s according to a new NerdWallet survey, which found that 38% of millennial parents […]
November 9, 2017

FHA Loan Delinquency Rate Flattens

Closed-end loans continue to return to normal levels as overall consumer delinquencies remained steady and serious delinquency rates remained near the 10-year low.  However Federal Housing Administration […]
November 7, 2017

Are Some Cities Close to a Housing Bubble?

According to a recent report released by the Urban Institute, with home prices on the rise, some cities are inching closer to a housing bubble.  The […]
October 25, 2017

Housing Confidence on the Rise; Renters Optimistic

The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.3 points in September to 88.3, matching the all-time high set in June. The rise can be […]
October 24, 2017

Mortgage Default Rates Begin to Rise

Mortgage defaults in September were slightly higher than in the previous month and are still lower than a year ago but they are closer to matching levels seen […]
October 20, 2017

Banks Prepare for Credit Card Defaults

Credit card delinquencies increased for three consecutive months, adding to signs that consumers in the U.S. are having a tough time paying their debt.  According to recent […]
October 18, 2017

Credit Card Delinquencies on the Rise

Credit card delinquency rose for the third straight month in September, data from JPMorgan Chase & Co. and card issuer Discover Financial Services suggested.  The data […]
September 28, 2017

Mortgage Fraud Risk on the Rise

An estimated 13,404mortgage applications, representing 0.82% of all applications, filed during the second quarter contained indications of fraud, according to the Mortgage Application Fraud Risk Index released by CoreLogic.  […]