mortgage delinquency rates

Not Enough Homes For Sale

Today’s News Synopsis: Who is to blame for the housing shortage?  Mortgage delinquency rates were at their lowest in more than ten years last month according to CoreLogic, having decreased 0.2% year-over-year.  Debt on commercial and multi-family properties increased by 1.5% ($45.4 billion) to $3.1 trillion in the third quarter. In The News: CoreLogic – “CoreLogic …

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NAHB Reports Increase in Homebuilder Sentiment by 7 Points

Today’s News Synopsis: Freddie Mac reported interest rates increased with 30-year rates now at 4.16% and 15-year rates at 3.37%.  The NAHB reported an increase in homebuilder sentiment by 7 points, putting it now at 70.  The CBIA shared how the recent big increase in home price from lack of supply can have a huge …

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House Scheduled to Vote Tonight on GSE Pay

Today’s News Synopsis:   TranUnion’s latest Industry Insights Report showed another decrease in mortgage delinquency rates, helping make the consumer credit market more balanced.  After a two-week delay, the House is scheduled to vote this evening on how much the GSEs should be paid.  The FHA’s MMI Fund showed tremendous increase this fiscal year despite …

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The Norris Group Real Estate News Roundup 5/9/13

Today’s News Synopsis: Foreclosure activity was down last month to its lowest in 74 months, despite foreclosures increasing in several judicial states.  Mortgage rates increased to 3.42% and 2.61%, marking their first increase in six weeks.  At the same time, delinquency rates for mortgages also increased to 7.25%.  The National Association of Realtors reported home …

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