Mortgage

April 6, 2017

Bank Card and Mortgage Defaults Tick Upward

Data from the recent S&P/Experian Consumer Credit Default Indices report shows the composite rate up two basis points from last month at 0.94% in February. The […]
April 5, 2017

Tappable Equity Hits 10-Year High

An annual home price appreciation of 5.5% during 2016 helped to increase the number of mortgage holders with tappable equity to 39.5 million, according to new […]
April 3, 2017

The Housing Crisis: 10 Years Later

CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way […]
March 28, 2017

Continued Good News For Housing

After several years of job gains combined with the hope that the best is yet to come in 2017, consumer confidence surged, according to the new consumer […]
March 24, 2017

Foreclosure Activity Hits 11-Year Low

Foreclosure activity dropped in February to an 11-year low, according to new data from ATTOM Data Solutions.  This decrease marks the lowest point since November 2005, and […]
March 22, 2017

Builder Confidence at Highest Level in 12 Years

Builder confidence in the market for newly-built single-family homes jumped six points to a level of 71 on the National Association of Home Builders/Wells Fargo Housing […]
March 16, 2017

Average Mortgage Loan Size Hits All-Time High

The average loan size for purchase mortgage applications hit an all-time high last week, according to the latest data from the Mortgage Bankers Association.  The MBA’s Weekly […]
March 14, 2017

Millennials Locked Out of Housing Market Again

For quite some time, we’ve heard that Millennials have put off buying a home.  These reasons include student debt load, tighter lending standards, and simply not wanting […]