Mortgages

Published by DSNews on September 28, 2020 As we enter the home stretch of 2020, many are speculating what the final months of the year will hold. This has been a year full of unexpected developments and questions with no easy answers. As we enter the home stretch of 2020, many are speculating what the …

Headed for a ‘Foreclosure Surge’ Read More »

Published by Realtor Magazine on October 20, 2020 Home prices were 12.2% higher for the week ending Oct. 10 than they were a year ago, Realtor.com® data shows. Double-digit price increases for homes are not exactly what most people in real estate predicted to occur in a recession. But could low mortgage rates—the 30-year fixed-rate …

Are Low Mortgage Rates to Blame for High Home Prices? Read More »

Published by Housing Wire on July 15, 2020 Overall delinquent mortgages at four-year high In April 2020, 6.1% of mortgages were delinquent by at least 30 days or more, marking the nation’s highest overall delinquency rate since January 2016, according to a report by CoreLogic. Delinquent mortgages included the 0.3% foreclosure inventory – the lowest foreclosure …

Early-stage mortgage delinquencies rate hit highest level in 21 years Read More »

Published by Forbes on October 8, 2020 It seems there’s a communication issue with some of America’s struggling homeowners. According to a new report, around 400,000 U.S. homeowners have become “needlessly delinquent” on their mortgage loans, despite qualifying for a payment-free forbearance plan. Under the CARES Act, homeowners with a federally-backed mortgage can hit pause on …

Forbes: Despite Option To Pause Payments, 400,000 Homeowners Fall Behind Read More »