This chart proves mortgage credit availability isn’t improving

Zillow: Top 10 markets to buy and sell your home now

California takes over one list

Wealthier Americans mean a bigger bond market

More liquidity means more debt
W S
Servicing / The Ticker

Deals on foreclosures begin to dissipate

/ Print / Reprints /
| Share More
/ Text Size+

In a new report, Paul Diggle from Capital Economics writes that "ultra-low mortgage interest rates and steady, if not spectacular, job creation mean that the delinquency rate and foreclosure start rate are falling quickly."

He says this is causing the composition of inventory to shift, and points out that more homes are coming into the market as pre-foreclosure (short) sales.



Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus