Black Knight’s First Look: Mortgage Delinquencies Hit Record Low in March, While Prepayments Rose on Easing Rates and Seasonal Tailwinds

2023-04-21T12:53:59-04:00
  • The national delinquency rate dropped 53 basis points (-15%) in March, falling below 3% for the first time on record, ending the month at just 2.92%
  • While delinquency rates almost always fall in March – as borrowers utilize
Black Knight’s First Look: Mortgage Delinquencies Hit Record Low in March, While Prepayments Rose on Easing Rates and Seasonal Tailwinds2023-04-21T12:53:59-04:00

Fla.’s Housing Market: Inventory, Median Prices Rise in March

2023-04-21T12:50:54-04:00

Florida’s housing market in March and the first quarter (1Q) of 2023 had more for-sale inventory (active listings) and higher median sales prices compared to a year ago, according to Florida Realtors®’ latest housing data.

“Buyers in Florida remain challenged by mortgage

Fla.’s Housing Market: Inventory, Median Prices Rise in March2023-04-21T12:50:54-04:00

CoreLogic Report: 20 Million Single-Family US Homes at High Risk, $17 Billion Lost Annually from Severe Convective Storms

2023-04-21T12:45:38-04:00

Texas, Missouri, Minnesota, Colorado and Oklahoma have the most homes at risk of impact from hailstorms

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its 2023 Severe Convective Storm Risk Report, which analyzes the risk

CoreLogic Report: 20 Million Single-Family US Homes at High Risk, $17 Billion Lost Annually from Severe Convective Storms2023-04-21T12:45:38-04:00

More than half of Gen Zers and millennials believe they’d need to win the lottery to afford a home

2023-04-19T11:28:28-04:00

New Zillow survey finds younger generations still believe owning a home is part of the American dream, but they don’t know how they’ll achieve it

The American dream of homeownership is not dead, even for Gen Zers and millennials1, but

More than half of Gen Zers and millennials believe they’d need to win the lottery to afford a home2023-04-19T11:28:28-04:00

March New Home Purchase Mortgage Applications Increased 0.6 Percent

2023-04-18T12:50:48-04:00
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2023 shows mortgage applications for new home purchases increased 0.6 percent compared from a year ago. Compared to February 2023, applications increased by 10 percent. This change
March New Home Purchase Mortgage Applications Increased 0.6 Percent2023-04-18T12:50:48-04:00

Uptick in mortgage interest rates nudges down California home sales in March, C.A.R. reports

2023-04-18T12:48:42-04:00
  • Existing, single-family home sales totaled 281,050 in March on a seasonally adjusted annualized rate, down 1.0 percent from February and down 34.2 percent from March 2022.

  • March’s statewide median home price was $791,490, up
Uptick in mortgage interest rates nudges down California home sales in March, C.A.R. reports2023-04-18T12:48:42-04:00
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