News Updates

ICE First Look at Mortgage Performance: Mortgage delinquencies remain low despite modest year-over-year rise

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Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, reports the following “first look” at August 2024 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Data as of Aug. 31, 2024 Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.34% Month-over-month change: -0.88% Year-over-year change: 5.11% Total U.S. foreclosure

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During the last election cycle, the typical swing state renter household earned 21% less than they needed to afford the median priced apartment The typical renter household in a swing state earns an estimated $50,267 per year—$10,365 less than the $60,633 a renter must earn to afford rent for the median priced apartment in a swing state. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In

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Most Affordable Markets Include Oklahoma City, Okla., Columbus, Ohio and Austin, Texas and Least Affordable Markets Include Miami, Los Angeles and New York Despite seasonally driven demand, rents across the U.S. dipped by $5 (or -0.3%) year-over-year and nationwide to a median rent of $1,753, according to the Realtor.com® August Rental Report. Although affordability improved as a top-level trend, affordability varies widely by metro area and did not improve everywhere. This month’s report looked at the rent burden across the U.S. and

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New data from Zillow Rentals identifies today’s most in-demand rental amenities Renters are rethinking what they want and need in a home, looking beyond buildings with traditional rental amenities in favor of those with features and services that better suit their lifestyle and budget. New research from Zillow Rentals® finds listings with a turfed pet area, coworking space or community happy hours are drawing more interest than listings with typical luxury

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Flipping Rate Follows Usual Springtime Downward Track While Profits Keep Moving Slowly Higher; Investment Returns Still Hovering Around Modest 30 Percent Level Nationwide; Typical Raw Flipping Profit Rises Close to $75,000 ATTOM, a leading curator of land, property data, and real estate analytics, released its second-quarter 2024 U.S. Home Flipping Report showing that 79,540 single-family homes and condominiums in the United States were flipped in the second quarter. Those transactions represented 7.5

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ServiceLink, the nation’s premier provider of tech-enabled services for all phases of the mortgage lifecycle, is pleased to announce the promotion of Antonio Little to vice president, national sales manager in the origination division, where he will oversee account executives across the country. Known for his warm personality and ability to gain trust, Little is a sought-after leader with 24 years of industry experience, eight of which he’s spent at ServiceLink. He