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Mortgage Delinquencies Continue to Fall, Nearing Two Years of the Downward Trend

Mortgage Delinquencies Continue to Fall, Nearing Two Years of the Downward Trend

by Rick Grant | Mar 30, 2023 | Mortgage Information, U.S. Housing Market, WRE News Exclusive

CoreLogic, a global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for January 2023.   For the month of January, 2.8% of all mortgages in the U.S. were in some stage of delinquency...
The History Of The Mortgage Rate

The History Of The Mortgage Rate

by John G. Stevens | Mar 29, 2023 | Industry Updates, Mortgage Information

Mortgage rates continue their upward trajectory as the Federal Reserve continues their pointed and aggressive response to stubborn inflation, with weekly U.S. average at 6.73% as of 3/8/23. This means that would-be homebuyers are continuing to face challenges of...
Cost Of Living Comparison Calculator

Cost Of Living Comparison Calculator

by Third Party | Mar 27, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Bankrate —  The cost of living is the total amount of money required to live in a certain area and cover your basic necessities. Expenses typically factored into cost of living calculations include housing, food and taxes. It may also include such...
Spring home buying season shows ‘steady demand’ as mortgage rates slip for second week

Spring home buying season shows ‘steady demand’ as mortgage rates slip for second week

by Third Party | Mar 27, 2023 | Mortgage Information, U.S. Housing Market

Source: Fox Business —  The spring home buying season is showing “steady demand” as mortgage rates slip for a second week in a row.  On Wednesday, the Federal Reserve raised its key interest rate by a quarter-percentage point and signaled that it...
The number of single women homeowners continues to surpass the number of single men homeowners

The number of single women homeowners continues to surpass the number of single men homeowners

by Third Party | Mar 26, 2023 | Mortgage Information, Real Estate News

Source: Bankrate —  Single women are a force to be reckoned with in residential real estate. Despite dealing with lower incomes than men, a pricey housing market and increasingly expensive mortgages, they comprise the second largest group of homebuyers — and...
MSR Financing, Marketing, Appraisal, DPA Products; Fannie, Freddie Changes; EU Central Bank News

MSR Financing, Marketing, Appraisal, DPA Products; Fannie, Freddie Changes; EU Central Bank News

by Third Party | Mar 26, 2023 | Mortgage Information, News/Current Events

Source: Mortgage News Daily —  “I got stuck in a conversation with some wealthy people and one woman asked me how my investments were doing. I replied that both avocadoes should be ripe by tomorrow.” Food prices are an everyday reminder of inflation on the...
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