Black Knight’s First Look: Prepayments Rebound from All-Time Low; Overall Mortgage Delinquencies Inch Up As 30-Days Late Payments Rise
The national mortgage delinquency rate increased 7 basis points in February to 3.45%, but remains down 12.6% year over year Prepayment activity (SMM) inched up to 0.35% -- breaking a four-month streak of record
Gender gap widens: Growth trend reverses for young single women homeowners
Women have returned to the workforce in near pre-pandemic numbers, but homeownership remains elusive for those who are single The homeownership rate for young single women declined in 2022 for the first time in
Realtor.com® February Rental Report: Many Americans Are Spending More Than They Can Afford on Rent
The least affordable metros where people spend more than 30% of their salary on rent are: Miami, Los Angeles, New York, San Diego, Riverside, Calif., Boston, Orlando and Tampa While inflation has begun to ease slightly, one area continues to become less affordable
The Typical Down Payment Has Fallen 10% From A Year Ago As Housing Market Cools
The typical U.S. homebuyer made a $42,000 down payment in January, the lowest level in nearly two years, amid rising mortgage rates and low competition The median down payment was equal to 10% of
CoreLogic: Southern California Home Prices Decline Year Over Year in February
Five of six tracked counties posted annual losses, with Los Angeles showing the largest drop CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its monthly Southern California home sales report
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 17, 2023. The Market Composite Index, a measure of mortgage
Did The Fed Get an Extension?
The Federal Reserve Board meets today, and the big question is – did the first two months of this year’s data enable the Fed to grant itself an extension regarding raising short-term interest rates?
RE/MAX National Housing Report for February 2023
Home Sales Show Strong Increase and Slight Rise in Median Sales Price Over January Despite being down 24.4% year over year, February home sales increased 16.8% from January. That was the largest month-over-month increase
Buyers are in the game, but interest rates are keeping sellers on the bench
Relatively high rates are keeping new listings low, frustrating willing buyers New listings are at a record low for February, contributing to an incredibly low supply. Sales activity lost momentum in February as rates
Fla.’s Housing Market: Inventory, Median Prices Up in February
Florida's housing market in February continued to show increasing inventory (active listings) and higher median prices compared to a year ago, according to Florida Realtors®' latest housing data. Still, economic uncertainty, inflation and interest