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December 11, 2019

Mortgage Delinquencies Drop to 25-Year Low

The share of U.S. homeowners who were late paying mortgages fell to an almost 25-year low in the third quarter as a strong labor market helped […]
November 21, 2019

Mortgage Demand Increased in 3Q

The Federal Reserve’s Senior Loan Officer Opinion Survey showed more demand for consumer credit and mortgages in the third quarter and a softening in demand for […]
November 18, 2019

Commercial and Multifamily Mortgages Surge

Commercial and multifamily originations surged in the third quarter, the latest survey from the Mortgage Bankers Association. Commercial and multifamily originations rose 24% from the third […]
November 15, 2019

Two-Thirds of Adults Fear a Recession in 2020

Whether a recession is on the horizon or not is anyone’s guess.  However, according to the latest CNBC Invest in You survey, two-thirds of respondents think […]
November 14, 2019

Mortgage Lending Will Boom, Then Plunge in 2020

The boost from lower interest rates that’s driving origination volume will continue into the first six months of 2020.  But according to the Mortgage Bankers Association, […]
November 13, 2019

Banks Tighten Standards on Credit Cards

Banks are tightening their standards on credit card loans in the third quarter, out of concern with the more uncertain economic outlook, according to the latest […]
November 12, 2019

Overall Delinquency Rate Near 20 Year Low

According to the CoreLogic Loan Performance Insights Report, 3.7% of mortgages were in some stage of delinquency (30 days or more past due, including foreclosure) in […]
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 31, 2019

Halloween Spending to Reach $8.8 Billion

Consumer retail spending around Halloween is expected to be high but fall slightly short of last year’s total, according to the latest survey from the National […]