One thousand people took part in Fannie Mae’s third quarter 2021 National Housing Survey and reported back that affordability and remote work are still very much important to members of all demographics and age groups. The survey was conducted by Fannie ...
Read More »Delinquency Rate Drops to Record Low
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for March 2022, which looks at delinquency and foreclosure rates across the U.S. According to Black Knight’s data, March usually sees the strongest performance of ...
Read More »Home Price Decreases Not Expected
In March, the U.S. Federal Reserve increased interest rates by a quarter of a point to address rising inflation and a litany of other economic problems stemming from the COVID-19 pandemic. Among other things, this interest rate increase was expected ...
Read More »Foreclosure Activity Increases for Eleventh Consecutive Month
ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for March and the first quarter of 2022 which has found that there was a total of 33,333 properties with foreclosure filings against them, up 29% from February (which ...
Read More »Rate Environment Putting the Squeeze on Housing Market
Upward trends in mortgage rates and median prices are forcing more back to the sidelines to re-consider their housing options.
Read More »Rent Prices Find New High in March
Increasing prices and pressures in the purchase market are creating more demand for rentals, pushing up rent prices to record levels.
Read More »Early-Stage Homebuying Demand Beginning to Falter
It is no secret that the price of everything has been rising of late, and it seems that some of the pressure caused by inflation and rising interest rates is finally starting to trickle down to the housing market. According ...
Read More »Affordability, Down Payments Cited as Barriers to Homeownership
The lack of affordable homes is now firmly seated as the top reason holding potential buyers back from entering the housing market, according to a new study from the National Association of Realtors (NAR). This finding comes to us from ...
Read More »Homeowners Paid a Collective $328B in Property Taxes in 2021
Property taxes are a given for most people in the country, and as with everything else, increases happen every year. To quote Benjamin Franklin, “nothing is certain except death and taxes.” According to ATTOM Data’s 2021 Property Tax Analysis, single-family ...
Read More »RMBS Modifications and Repayments Increase Post-Forbearance
As pandemic forbearance plans continue to expire, borrowers are continuing to choose loan modifications and other repayment options going forward. According to Fitch Ratings’ fourth-quarter 2021 Residential Mortgage Backed Servicer Metric Report, servicers reported a decline in loan modifications from ...
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