Foreclosure Activity Up From 2022, But Down From Pre-Pandemic Levels
A total of 357,062 U.S. properties had foreclosure filings—default notices, scheduled auctions and bank repossessions—in 2023, up 10% from 2022 ...
Tag: Mortgage Industry
Mortgage Delinquencies Remain Unchanged in October
In October 2023, 2.8% of all mortgages were in some stage of delinquency (30 days or more past due, including ...
Mortgage Mix: Signs Point to Better Times in 2024
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. ...
Mortgage Rates Dip Back Below 7%
The 30-year fixed-rate mortgage (FRM) decreased for the seventh straight week, from last week’s average of 7.03% to an average ...
Foreclosure Activity Sees Decline in November
A total of 32,120 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in November, down 7% from a month ...
Mortgage Rates Hover Near 7%
The 30-year fixed-rate mortgage (FRM) decreased for the sixth straight week, from last week’s average of 7.22% to an average ...
Mortgage Mix: Rates Fall, but Not Below 7%
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. As ...
Mortgage Rates Decline for Fifth Straight Week
The 30-year fixed-rate mortgage (FRM) decreased for the fifth straight week, from last week’s average of 7.29% to an average ...
Rocket Mortgage Sued for Telemarketing Phone-Call Overload; Company Denies Wrongdoing
When this past April an Arizona woman received a phone call from Rocket Mortgage offering her mortgage products and services ...
Mortgage Rates Trend Down for Third Straight Week
The 30-year fixed-rate mortgage averaged 7.44%, down again from last week’s average of 7.5%, according to the latest Primary Mortgage ...
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.
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