interest rate

April 17, 2019

Credit Card and Auto Loan Delinquencies Spike

Consumer credit delinquencies were mixed in the fourth quarter, with delinquencies falling in six of the 11 categories tracked by ABA. However, the American Bankers Association’s […]
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 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 […]
April 2, 2019

Income Application Fraud Risk on the Rise

As the housing market becomes more competitive, homebuyers are increasingly pressured to seek out larger loans – leading some to misrepresent their income on loan applications. […]
March 22, 2019

Homeowners Gain $9,700 in Equity in 2018

The average U.S. homeowner gained $9,700 in equity from the fourth quarter of 2017 to the fourth quarter of 2018, according to the latest report from […]
March 20, 2019

Home Affordability Greatly Impacts Cost of Living Expenses

Amid worsening affordability in the U.S., people in the Washington, D.C., metro area have the most money left over after they pay their mortgage, according to […]
March 6, 2019

Mortgage Delinquencies on the Rise

Loan delinquencies for household debt have remained consistent over the past year, but Moody’s Investors Service predicts this is about the change.  A new Federal Reserve […]