New data from CoreLogic has determined the overall U.S. mortgage delinquency rate plummeted to a new low in March. During March, 2.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure). This...
An increasing number of home sellers are making concessions to lure buyers into purchasing their properties. According to new data from Redfin (NASDAQ:RDFN), 42.9% of home sales during the three months ending April 30 involved seller concessions, up from 25.5% one...
One of the most profitable examples of property flipping is about to take place in the “Billionaires’ Row” section of New York City. The Wall Street Journal, sourcing its coverage from “two people familiar with the situation,” reported that a 64th floor condominium at...
The DC Housing Finance Agency (DCHFA), a financial intermediary and administrator of affordable housing programs for the District of Columbia, has partnered with BondLink, a cloud-based investor relations and debt management platform for the municipal bond market, to...
A combination of ongoing financial stress and new jitters over the debt ceiling talks helped to scare aware potential mortgage borrowers. The Mortgage Bankers Association reported that its Market Composite Index, a measure of mortgage loan application volume,...
The national mortgage delinquency rate was up by 13% from the record low in March into April, according to new data from Black Knight Inc. (NYSE:BKI). But while that might seem extreme, the total U.S. delinquency rate in April was only a mere 3.31%. Early-stage...
Hits and Misses for the Real Estate Week of May 11-15
