News Updates

Zillow’s Hot Housing Takes for 2023

The Midwest will move to the forefront as affordability remains housing's biggest issue Midwestern markets will heat up, and more friends and family members will pool their money to buy homes together in 2023, as people look for new ways to overcome the housing affordability crisis. However, that...

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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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