Mortgage Mix: Major Announcement From Fed Points to Better Times
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Tag: Foreclosures
Foreclosure Activity Spikes in May
A total of 35,196 properties have foreclosure filings, up 7% from last month and 14% from last year, according to ...
Mortgage Mix: Mega-Lender Sued for Harassment; Foreclosures Rise
-Mortgage rates dropped slightly after a sharp rise at the end of May, according to the latest report from Freddie ...
Mortgage Delinquencies Hit All-Time Low in March
For the month of March, 2.6% of all mortgages were in some stage of delinquency, a 0.3 percentage point decrease ...
Zombie Foreclosures Continue to Increase
As of Q2 2023 about 1.3 million (1,285,633) residential properties across the U.S. are vacant, representing 1.3% (one in 79 ...
Both Home Equity and Underwater Mortgages Shift Slightly
The amount of equity-rich homes decreased slightly from 48% in Q4 2022 to 47.2% in Q1 2023, marked the second straight ...
Mortgage Delinquencies Increase Slightly, but Remain Low
For the month of February, 3% of all mortgages in the U.S. were in some stage of delinquency, a 0.2 ...
March Marks 23rd Consecutive Month of Foreclosure Uptick
Despite being nearly two years removed from the end of the U.S. foreclosure moratorium, the upward trajectory of foreclosure activity ...
Mortgage Delinquencies Decrease Both Monthly and Annually
For the month of January, 2.8% of all mortgages in the U.S. were in some stage of delinquency, a 0.5 ...
Mortgage Delinquencies Decrease Both Monthly and Annually
For the month of January, 2.8% of all mortgages in the U.S. were in some stage of delinquency, a 0.5 ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
Business Tip of the Day provided by
