mortgage rate

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 […]
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 […]
March 5, 2019

Mortgage Fraud Risk Jumps 4.6%

In January, declining mortgage rates mixed with higher loan applications led to more risk of fraud and other errors in the home loan applications, according to […]
February 5, 2019

Mortgage Defect Risk Rises to 4-Year Peak

In December, defect risk continued to rise across the country, according to the latest First American Loan Application Defect Index. According to the report, the frequency […]
January 4, 2019

HELOC Volume Down 11% from 2017

After soaring to a near 10-year high, HELOC originations took an unexpected tumble in the third quarter, falling 14% from the previous quarter and 11% from […]
October 29, 2018

American Homeowners are Staying Put

Housing-market headwinds are keeping American homeowners in their properties for the longest stretches on record.  This is a sharp contrast to the mobility Americans have for […]
August 13, 2018

Mortgage Default Risk Climbs Steadily

The risk of mortgage defaults reached its highest point since the second quarter of 2015 as lenders loosen credit, according to VantageScore.  With mortgage rates trending […]
November 14, 2017

Housing Affordability Still Strong Despite Price Increases

Home prices continue to increase, yet affordability actually improved since July, according to the latest Mortgage Monitor report from Black Knight.  As of September, the average […]
April 25, 2017

Housing Confidence Dips in March

Americans came down off their confidence high in March as fewer say now is a good time to buy a home, according to Fannie Mae’s Home […]