Mortgage

July 15, 2019

Mortgage Delinquency Rate Lowest in 20 Years

Americans are now better at paying their mortgages on time than any point in the past 20 years. According to CoreLogic’s latest monthly Loan Performance Insights […]
July 11, 2019

States with the Highest Mortgage Debt

A home is the largest purchase most Americans make in their lifetimes. The typical American home now costs over $200,000 – significantly more money than most […]
June 21, 2019

14 Years Needed to Save for a Down Payment

The nationwide average to save for a 20% down payment for a median-priced home on a median income is now 14 years, according to Unison’s Home […]
June 20, 2019

Commercial/Multifamily Loans Grow at Strong Pace

Commercial and multifamily mortgage debt outstanding grew 1.3% in in the first quarter of 2019, aided by low mortgage rates and the steady incline of property […]
June 17, 2019

FHA Loans Becoming More Risky

Citing rising risks among the mortgages it is backing, the Federal Housing Administration announced earlier this year that it was changing some of its lending rules.  […]
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 […]