Real Estate

November 1, 2019

Two Forces Re-shaped Housing Affordability in 2019

In August, home prices fell 1.3%, declining 5.9% year over year, according to First American’s Real House Price Index. According to First American’s data, unadjusted house […]
October 29, 2019

Fewest Foreclosure Filings in 14 Years

According to a recent report from Attom Data Solutions, there were a total of 143,105 properties with foreclosure filings (default notices, scheduled auctions or bank repossessions) […]
October 25, 2019

Commercial delinquencies should remain low despite economic worry

Commercial and multifamily mortgage delinquency rates should stay at historically low levels in the near future even as economic uncertainty over trade affects U.S. businesses, according […]
October 15, 2019

US Household Finances Show Signs of Trouble

US consumers are finding it increasingly difficult for their incomes to comfortably cover all expenses. This could mean that some will be unable to repay their […]
September 27, 2019

Mortgage Fraud Risk Declines

Mortgage application fraud risk plummeted in the second quarter as refinance loans poured into the market, according to CoreLogic. The risk of fraud on a mortgage […]
September 26, 2019

Mortgage Credit Tightens Despite Strong Demand

Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI).  Mortgage credit tightened despite falling interest rates and a strong uptick in […]
September 19, 2019

Best and Worst States for Credit Conditions

CardRatings.com released new research ranking the best and worst states for credit conditions. Highlighted by stark differences in credit circumstances across the U.S., the analysis helps […]
September 18, 2019

“Tappable” Equity Climbs to New High of $6.3 Trillion

Tappable equity reached an all-time high of $6.3 trillion in the second quarter as home-price gains made real estate more valuable.  The amount of equity homeowners […]
September 17, 2019

FICO Scores Reach Record High

The average FICO score stands at 706, a record high, said Ethan Dornhelm, vice president of scores and predictive analytics at FICO. That compares with 686 […]