A report released today by CoreLogic, one of the nations leading providers of property information, shows that U.S. home prices increased in May by 2.0percent from the year before and increased by 1.8 percent from the month before marking the third-consecutive month U.S. home prices have increased on both a year-over-year as well as month-over-month basis.
Mortgage delinquency rates were largely unchanged from last year, which means all that distress will be pushed forward to 2012 and beyond. To give you an idea of just how much the “robo” scandal is toying with the numbers, LPS compared states that require foreclosures to go through the courts versus states that don’t (judicial versus non.
· The overall third-quarter delinquency rate is the highest since the association began keeping records in 1972. It is up from about one in 14 mortgage holders in the third quarter of 2008. The combined percentage of those in foreclosure as well as delinquent homeowners is 14.41 percent, or about one in seven mortgage holders.
year, to 37,000 in April, according to CoreLogic’s April 2016 National Foreclosure Report. The national foreclosure inventory now accounts for 1.1% of all homes with a mortgage, the lowest rate since October 2007. The Zillow Negative Equity Report shows that the national negative equity rate–the share of mortgaged homeowners across the country.
National Delinquency Survey Results Third Quarter 2010 The seasonally adjusted total delinquency rate for mortgage loans on one- to four-unit residential properties was 9.13 percent in the third quarter of 2010, a decrease of 72 basis points from 9.85 percent in the second quarter of 2010 (see Chart 1). The total delinquency rate
According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage was 4.51% in June, down from 4.64% in May; the rate was 4.74% in June 2010. Inventory of Homes – GNO Market is running about 5 months.much better than national levels.
Realtor.com: Jobs, low interest and tight inventory set stage for 2015 growth One-third (32 percent) of home purchases made in May 2015 were by first-time home buyers, according to the National Association of Realtors. study of the best states for first-time home buyers..Minneapolis housing continues to thrive rising rents coupled with lower-than-average prices and mortgage rates have kept the housing recovery going in July for The twin cities. inventory, which has been tight in recent months, started to.
Mortgage Delinquency to Drop Sharply in 2012, Report Says.. mortgage delinquency rates — the ratio of borrowers 60 or more days behind on their payments — will likely tick up to about 6.
WASHINGTON – If you’ve been distracted by the federal shutdown, political dysfunction, stock-market volatility and reports of rising mortgage rates, it wouldn’t be surprising if you concluded: No way is this a good time to even think about buying a house or putting one on the market. Things are.
Freddie Mac unveils new security to provide affordable housing liquidity for small lenders By Caroline Basile (HousingWire.com Article) – Freddie Mac is launching a new security to help smaller lenders access additional liquidity for affordable housing financing.The government-sponsored enterprise announced its new Private Placement PC Swap – or PPP – on Wednesday to help financial institutions with less than $10 billion in assets access additional liquidity for financing.