- 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...
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,...
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...
Housing Sales Forecasted to Hit Trough in Q2 2023 Before Beginning to Rebound After rebounding at a 2.6 percent annualized rate in Q3 2022 on the strength of net exports, real gross domestic product (GDP) is projected to turn negative again in the fourth quarter as the temporary boost from...
Trader Joe's leads the pack for homeowners, while ALDI wins among investors; Average home value near Trader Joe's is $987,923, compared to $891,416 near Whole Foods and $321,116 near ALDI ATTOM, a leading curator of real estate data nationwide for land and...
Offerpad Solutions Inc. (“Offerpad” or the “Company”) (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced that it received notice from the New York Stock Exchange (the “NYSE”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual...
New survey from Zillow Home Loans shows home buyers don't shop around for their mortgage, potentially costing them hundreds of dollars each month Prospective home buyers spent more time researching their next vehicle purchase and vacation options than researching mortgage lenders. Seventy two...
New rebranded conference series will launch in March of 2023 Jonathan L. Hornik, Esq. and Private Lender Law (privatelenderlaw.com), the practice group of LaRocca Hornik Rosen & Greenberg (LHR&G), announced that they have acquired Pitbull Conference and the National Private...
The hospitality giant plans to offer furnished, serviced apartments for short-term rental-style stays. Bethesda, Maryland-based hotelier Marriott is expanding its Bonvoy brand with a new franchise of serviced apartments — a long-term accommodation that offers furnished apartment-like rooms with...
