mortgage

February 28, 2020

Mortgage Default Drop to 15-Year Low

For the first time in 15 years, fewer than 2 million mortgaged properties lie in default or foreclosure status as of the end of January, according […]
February 5, 2020

Homeownership Reaches Highest Rate Since 2013

The U.S. homeownership rate rose to a six-year high in the fourth quarter, led by gains among young people and low-income Americans. The nationwide rate was […]
January 9, 2020

Foreclosure Starts Plummet to Lowest Level This Century

November’s foreclosure starts hit their lowest level since Black Knight started tracking this data in 2000, while the foreclosure rate reached a 14-year low. However, the […]
December 18, 2019

Subprime Mortgages Begin to Inch Up

The percentage of recent mortgage borrowers with subprime credit scores still resides in the single digits, but nearly doubled what is was in 2013, according to […]
December 17, 2019

Mortgage Delinquency Rates to Flatten in 2020

The percentage of home loans with late payments is unlikely to fall much further in 2020 when mortgages made to lower credit-score borrowers could rise slightly, […]
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 20, 2019

Delinquencies Drop but Foreclosure Filings Rise

The third-quarter delinquency rate fell to its lowest point since 1995, according to the Mortgage Bankers Association. However, Attom Data Solutions’ numbers show foreclosure filings experienced […]
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 […]