Source: Scotsman Guide — April marked one year and one month of delinquencies dropping on a yearly basis, with delinquent mortgages sliding 1.8% annually to 2.9% of all loans, according to CoreLogic’s latest Loan Performance Insights report. On a monthly basis,...
Source: Redfin — Rent increases tapered off in June, with the national median asking rent rising 14% from a year earlier—the smallest annual increase since October. Asking rents were up 0.7% from May, the smallest month-over-month gain since the start of the...
Source: US News — The most common mortgage loan terms are 15 and 30 years, but if you need a lower monthly payment, a 40-year mortgage may be an option. While this longer loan payoff period could reduce your mortgage payment and bring home affordability within...
Source: Forbes — Mortgage originator loanDepot on Tuesday unveiled a plan to cut thousands of jobs and reduce costs “significantly” as higher interest rates sink mortgage demand—becoming the latest company to warn that the housing market is due for a steeper...
Source: Mortgage News Daily — Mortgage rates moved sharply higher last week relative to where they ended the previous week. In the 3 weeks before that, rates fell at one of the fastest paces on record, largely because the starting point was the highest level...
Source: USA Today— As the pandemic housing market was booming, so was the interest in a career selling real estate. Membership in the National Association of Realtors grew from 1.48 million at the end of 2020 to 1.56 million at the end of 2021, according to a...
