An upcoming House Financial Services Committee hearing will discuss climate change’s impact on the nation, as wildfires burned an average of 6.8 million acres annually, putting homeowners in at-risk areas in jeopardy.
Read More »Mortgage Delinquencies Drop to 23-Year Low
CoreLogic has released its monthly Loan Performance Insights Report for June 2022, showing that 2.9% of all mortgages in the U.S. were in some stage of delinquency, —30 days or more past due, including those in foreclosure— representing a 1.5 ...
Read More »Mortgage Fraud Risk Falls YoY in Q2
One in 131 mortgage applications contained instances of fraud in the second quarter of 2022 according to CoreLogic, despite a rise in the instances of income fraud and property fraud.
Read More »Home Equity Finds New Highs
Home equity hit a new high in the second quarter according to CoreLogic, as homeowners with mortgages gained a collective $3.6 billion year-over-year over the course of a single quarter. According to CoreLogic’s Homeowner Equity Report, homeowners with mortgages (which ...
Read More »Which States Are Most At-Risk for Wildfire Damages?
CoreLogic has released its annual Wildfire Report for 2022, examining property-related wildfire risk alongside reconstruction resource availability, temporary housing capacity for displaced individuals, and community economic recovery potential among fire-prone regions. The report tracks wildfire risks in 15 Western U.S. ...
Read More »Home Price Appreciation Surpassed 15% in July
The latest iteration of CoreLogic’s Home Price Index (HPI) for July 2022 showed the annual home price growth rate slowed for the third consecutive month in July yet remained in an elevated state at 15.8%. This comes at a time ...
Read More »Report: Home Prices Will Continue to Decelerate
In the month of June, housing markets in the Western U.S. began to show signs of slowing, as S&P CoreLogic Case-Shiller data found a 1.9% overall month-over-month slide in the price of houses across the U.S.
Read More »Mortgage Credit Availability Projected to Rise Due to Weakening Demand
As fewer buyers become unable to afford higher home mortgage costs, a new CoreLogic analysis revealed that rising interest rates and higher home prices continue to wear at homebuyer affordability. As a result, the diminishing demand from borrowers may lead ...
Read More »Q2 Mortgage App Fraud Slips
CoreLogic reports second quarter fraud risk is down from the previous quarter, and Q2 2021; however, an analysis of monthly data shows this trend is reversing, and fraud risk is anticipated to increase in the coming months.
Read More »Pumping the Brakes? Some Locations Reporting Rent Price Deceleration
CoreLogic has released its latest Single-Family Rent Index (SFRI) covering the month of June 2022 found that in some areas of the country, the unrelenting pace a which rent growth has been growing slowed a bit, yet continues to post ...
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