While overall U.S. mortgage performance remained strong in June, Molly Boesel, Principal Economist for CoreLogic, notes that the impact from recent weather disasters will likely see impacted regions increase in the months to come.
Read More »These States Topped Overall Mortgage Delinquency Rates as National Rate Declines
After the addition of nearly four million jobs nationwide in the last year, CoreLogic reports that a solid job market continues to help borrowers pay their mortgages on time, pushing the overall mortgage delinquency rate to a historic low in May.
Read More »Nearly 3% of all U.S. Mortgages Delinquent
CoreLogic reports that U.S. loan performance remains resilient, with delinquencies and foreclosures lingering near record lows, and the national overall delinquency rate increasing slightly from March to April.
Read More »Rent Growth Has Declined for 12 Straight Months
“Single-family rent growth has slowed for a full year, and overall gains are approaching pre-pandemic rates,” said Molly Boesel, Principal Economist at CoreLogic.
Read More »Equity, Unemployment Rates Keeping Mortgage Delinquencies at Historic Lows
According to CoreLogic, the nationwide delinquency rate dropped to 1.1%, the lowest level reported in 23 years, as the unemployment rate remains near an all-time low.
Read More »Nationwide Mortgage Delinquency Rate Neared Record Low in February
“February’s early-stage delinquency rate was historically low and primarily driven by a strong job market,” said Molly Boesel, Principal Economist at CoreLogic. “However, the possibility of a recession that would raise the U.S. unemployment rate could slightly erode the current strong mortgage performance situation in the coming months.”
Read More »Share of Delinquent Mortgages Drops, But Foreclosure Rate Creeps Upward
CoreLogic reports that the share of home loans in delinquency continues to dip nationwide, down from a high of 7.3% in the spring of 2020, and down by 0.5 percentage points from January 2022.
Read More »Strong Jobs Market Forces Down Delinquencies and Foreclosures in 2022
According to CoreLogic, foreclosure rates remained near record lows to close out 2022, as healthy employment numbers helped borrowers remain current on their payments.
Read More »Housing Gains Have Slowed Significantly Since Q2 2022
After more than a decade of overheated growth, the rapid increase in mortgage rates helped stall progress in the U.S. housing market in 2022.
Read More »Rental Price Growth Slows for Sixth Consecutive Month
CoreLogic reports that the Miami metro region continued to lead the nation in rent price growth in October, posting nearly double the national increase.
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