Foreclosure Rates Remain at 20-Year Lows
The percentage of U.S. mortgages fell to 4.3% in March, a 13-year low for the month. The inventory of homes in foreclosure is now at levels not seen in at least 20 years.
The percentage of U.S. mortgages fell to 4.3% in March, a 13-year low for the month. The inventory of homes in foreclosure is now at levels not seen in at least 20 years.
A house for sale in Medina, Ohio, is not an ordinary home. It was built in Massachusetts decades before the United States was founded and moved to its present location in the 1970s.
Mortgage loan rates dipped last week, but applications for new mortgages continued sliding.
Mortgage rates fell last week and the drop has continued on into this week. New applications for loans also increased, but the rise was modest due to the Memorial Day holiday.
Home prices in April rose 3.6% year over year, according to the latest report from CoreLogic. Home prices have regained 60% of the value they lost since the housing market bottomed out in 2011.
Pending home sales (contracts signed, but not yet closed) fell in April, continuing a consecutive 16-month year-over-year decline. It's a poor kick-off to the year's prime home-buying season.
Applications for new mortgage loans fell last week even though mortgage loan rates also dropped.
A surprising number of the homeless in America are full-time students, mostly under the age of 18, forced to balance the difficulties of daily existence on the streets with the challenges of schoolwork and…
U.S. home prices are rising at the slowest rate in nearly 7 years according to the S&P CoreLogic Case-Shiller index. Even so, the increase in home prices continues to rise faster than inflation.
New home sales dropped sharply month over month in April, but remain well above April 2018 levels.
Mortgage loan rates mostly fell slightly or remained unchanged last week. The lower rates drove a surge in home refinancings.
Sales of existing homes dipped slightly month over month in April and remain down more than 4% year over year.
Freddie Mac forecasts a steadily growing housing market in the United States and is signaling that some of the biggest problem mortgages that helped add fuel to the fire of the Great Recession remain…
Mortgage loan interest rates dropped across the board last week, but so did applications for new mortgages. Refinancing applications remain well below 40% of all new loan applications.
The mortgage loan delinquency rate fell by nearly a full percentage point year over year in February. Mortgage loan rates have also dipped sharply over the past week, and CoreLogic executives see a good…