housing market

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 4, 2019

Mortgage Application Fraud Risk Declines

The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications during April decreased by 4.2% from March, according to new data […]
June 3, 2019

Home Affordability Returns After 3 Years

In March, home prices retreated 0.9%, sliding 0.04% year over year, according to First American’s Real House Price Index.  According to First American’s data, unadjusted house […]
May 1, 2019

Home Vacancy Rates are Back to the 90s

Home vacancy data released by the Census Bureau, shows that we’re back to the 90s.  The rate of vacant homes dropped to 1.4%, the lowest level […]
April 16, 2019

2108 Set New Record for Commercial Real Estate/Multifamily Lending

Commercial and multifamily lenders had another banner year in 2018, when closed-loan originations rose 8% to a high of $574 billion. “Borrowing and lending backed by […]
April 12, 2019

74% of Millennials Make Financial Sacrifices for Housing

Despite slowing home price growth, 74% of millennials make financial concessions to afford housing.  By comparison, only 40% of older generations make these sacrifices, according to CoreLogic. Overvalue […]
April 11, 2019

Delinquency and Foreclosure Rates Lowest in 20 Years

In January 2019, 4% of home mortgages were in some stage of delinquency, down from 4.9% a year earlier and the lowest for the month of […]
April 10, 2019

Low Interest Rates Boosts Mortgage Demand

In the weeks following the largest one-week decline in a decade, mortgage interest rates remained virtually stagnant, according to the latest Freddie Mac Primary Mortgage Market […]
April 9, 2019

Tappable Equity Declines

The collective amount of equity available for homeowners to tap reached a record high last year, climbing above $6 trillion as home prices continued to appreciate […]