Items Tagged with 'Delinquency rate'

ARTICLES

  • MBA: Mortgage delinquencies down in Q1

    Strong economic performance drives down delinquency; foreclosure inventory rate lowest since 2006
    According to the Mortgage Bankers Association, the foreclosure rate is up slightly despite delinquencies sitting at pre-housing crisis lows and sliding. A strong economy is minimizing delinquency, and despite the slight uptick in Q1, foreclosures are down significantly year-over-year.
    Read More
  • Early stage delinquencies begin to see uptick in December

    But serious delinquencies decrease
    The overall delinquency rate remained unchanged in December as early stage delinquencies increase by serious delinquencies fell, CoreLogic’s latest report showed. And despite some setbacks, December’s foreclosure inventory rate was the lowest for that month in 11 years – since 2006.
    Read More
  • TransUnion: Mortgage delinquencies will fall to record lows in 2018

    Credit reporting agency provides mortgage forecast for next year
    A recent report from CoreLogic showed that mortgage delinquencies fell this year to the lowest point in more than a decade, but analysts from TransUnion expect mortgage performance to continue improving next year, leading to record lows in mortgage delinquencies.
    Read More
  • CoreLogic: Mortgage delinquencies continue falling in June

    Rising home prices pressure delinquency rates
    Mortgage delinquency rates continued to slip in June, and the foreclosure inventory rate fell to its lowest level since mid-2007. CoreLogic explained its Home Price Index increased 6% and payroll employment grew by 2.2 million jobs in the year ending June 2017, supporting further declines in delinquency rates.
    Read More
  • Americans haven’t been this good at paying their mortgages since 2000

    MBA report shows mortgage delinquency rate fell to 17-year low in second quarter
    Over the last few weeks, report after report after report after report all show the same thing – more Americans are paying the mortgages on time right now than at any time since the housing crisis, at least. Now, a new report from the Mortgage Bankers Association shows that the delinquency rate for mortgages just fell to its lowest level since 2000.
    Read More
  • Canadians struggle with near-record household debt

    Flock to U.S. housing market?
    Canadians are dealing with near record levels of household debt, but mortgage delinquencies continue to improve. As the country worked to cool its heating housing market, home sales dwindled. So now where are the latest round of potential homebuyers looking? Here, in the U.S.
    Read More