Month: November 2022

U.S. News & World Report Unveils New Housing Market Index

Housing market perspectives are synthesized with the new interactive interface U.S. News & World Report, the global authority in rankings and consumer advice, unveiled its new Housing Market Index. The new tool leverages IBM Watson® Natural Language Understanding –  and the...

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Prepayment Activity Hit Record Low in October

- Prepayments fell 16.5% to a single-month mortality (SMM) rate of 0.48%, well below the previous record of 0.55% and the lowest recorded since at least 2000 when Black Knight began reporting the metric - The national delinquency rate rose 4.5% in October to 2.91% – up 12 basis points since...

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US Mortgage Delinquencies Remain Near Historic Low in September

The overall delinquency rate dropped for the 18th straight month on an annual basis CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released its monthly Loan Performance Insights Report for September 2022. For the month of September,...

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Homebuying Demand Ticks Up Slightly After Record-Fast Rate Drop

Mortgage-purchase applications and Redfin’s Homebuyer Demand Index both increased as rates stayed around 6.6%, down sharply from 7% earlier this month, saving the typical buyer over $100 in monthly mortgage payments. Still, supply is piling up--posting a record annual increase--as pending sales...

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REI June Cover

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