The national mortgage delinquency rate fell by 7 basis points (bps) in October to 3.34%, down 11% year-over-year and down 53 bps from the October 2019 pre-pandemic benchmark, according to a data report from ICE Mortgage Technology, a division of Intercontinental...
Home affordability has reached its best level since early 2023 thanks to easing mortgage rates, according to ICE Mortgage Technology’s October ICE Mortgage Monitor Report. The new report cited 30-year mortgage rates averaging 6.26% in mid-September while the monthly...
The national mortgage delinquency rate rose by 16 basis points (bps) in August to 3.43%, a 10-bps year-over-year upswing. According to data from ICE Mortgage Technology, August’s rise follows delinquency rate declines from June and July. FHA loans recorded the largest...
The average annual property insurance payment for single-family mortgage holders has reached nearly $2,370 per year, according to new data from ICE Mortgage Technology. This sum accounts for 9.6% of average monthly mortgage-related expenses when factoring in...
US mortgage holders carried a record $17.6 trillion in home equity at the end of the first quarter, according to a data report from ICE Mortgage Technology. Of that amount, $11.5 trillion was considered “tappable” (available for borrowing while maintaining at least a...