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Mortgage Delinquency Rate Drops to Near-Record Low

Mortgage Delinquency Rate Drops to Near-Record Low

by Phil Hall | Jun 23, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. mortgage delinquency rate dropped by 11 basis points in May to 3.10%, according to new data from Black Knight Inc. (NYSE:BKI). This is the second lowest that the rate has ever been – the record low is 2.92% from last March. The number of borrowers who were a...
Affordable Homeownership Strangled by Tighter Credit, Low Inventory

Affordable Homeownership Strangled by Tighter Credit, Low Inventory

by Phil Hall | Jun 5, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Affordable homeownership opportunities continue to be an elusive concept, with new data from Black Knight Inc. (NYSE:BKI) that found all of the nation’s 100 largest markets remain less affordable than their respective long-term averages. The new data study determined...
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