delinquency rates

More Than Half Are In Los Angeles, San Francisco and New York

Today’s News Synopsis: How many million-dollar cities are there in the U.S.?  What bargains are playing hide-and-seek in the biggest cities?  Mortgage delinquencies were at their lowest in 20 years in October. In The News: Realtor.com – “Living High on Low Rent: Where the Bargains Are Hiding in America’s Biggest Cities” (1-14-2020) “How would you like …

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Shades of Blue and Gray Shown to Be the Best Colors To Add Value to your Home

Today’s News Synopsis: Zillow discovered the wall color that seems to help homes sell the most is blue to light gray.  Freddie Mac released their latest report on mortgage rates, showing a decrease this week with 30-year rates now at 3.94% and 15-year rates at 3.19%.  Median home sizes for single-family homes are finally showing …

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Gallup Poll Shows Real Estate is Still America’s Favorite Investment

Sources: Builder Confidence Holds Firm in April Single-Family Production Falls in March After Strong February Reading Mortgage Defaults Climb Slightly Mortgage Rates Tumble Below 4 Percent Rents Rise at Slowest Pace in Five Years Political Holding Pattern Affirms Conservative Growth Forecast Freddie Mac April 2017 Outlook Robots May Help Build Your Next Home and Fill the …

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CoreLogic Reports Borrowers Who Received Equity Back Last Year was 1 Million

Today’s News Synopsis: The latest report from ATTOM Data Solutions showed a 3% increase in home fliping last year, putting it at its highest in ten years.  Mortgage rates are also at their highest this year with 30-year rates at 4.21% and 15-year rates at 3.42%.  CoreLogic reported the number of borrowers who received their …

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Private Student Housing Seeing Bigger Influx of Cash Poured In

Today’s News Synopsis: According the Mortgage Bankers Association, delinquencies for commercial and multifamily properties continued to stay at low numbers.  As of today, real estate now has its own sector in the Wall Street market.  An area of the real estate market where more money is being spent is on private student housing. In The …

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Bruce Norris Believes Lender Hesitancy Holding Back Real Estate Growth

Today’s News Synopsis: In a story featuring our very own Bruce Norris, he believes one thing holding back growth in the real estate industry is lenders being selective about who they give loans.  The Mortgage Bankers Association reported delinquency rates for commercial/multifamily mortgages are still relatively low while CMBS loans are at an all-time low. …

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CoreLogic Reports 6.8% Increase in Home Prices in October

Today’s News Synopsis:   CoreLogic reported a 6.8% increase in home prices in October.  Commercial and multifamily delinquency rates, on the other hand, decreased in the third quarter according to the Mortgage Bankers Association.  The Federal Housing Finance Agency will only fund loans of up to $417,000 next year despite median home prices continuing to …

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Federal Reserve Reports Increase in Consumer Borrowing

    Sources: Construction spending rises 0.1% in June Number of Underwater Borrowers is Declining at an Accelerated Pace Commercial/Multifamily Mortgage Originations Continue Strong Pace in Second Quarter U.S. home prices spike by 6.5% in June Distressed Sales Share Drops Below 10 Percent Refinance, Purchase Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage rates …

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