Tag Archives: MBA National Delinquency Survey

Mortgage Delinquency and Foreclosure Rates Lowest Since 2007

The Mortgage Corner The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.85 percent of all loans outstanding at the end of the third quarter of 2014. This is approaching the historical … Continue reading

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Shadow Inventory of Bad Loans Still Too High

Financial FAQs The shadow inventory of troubled homes fell to about 2 million in April, down 18 percent from the same period in the prior year, and down 34 percent from a peak of 3 million in early 2010. But … Continue reading

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January Housing Prices, Mortgages, Surging

The Mortgage Corner CoreLogic reported that home prices nationwide, including distressed sales, increased on a year-over-year basis by 9.7 percent in January 2013 compared to January 2012. This change represents the biggest increase since April 2006 and the 11th consecutive … Continue reading

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Mortgage Delinquencies Lowest Since 2008

The Mortgage Corner The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 7.09 percent of all loans outstanding at the end of the fourth quarter of 2012, the lowest level since 2008, … Continue reading

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Southland Home Sales Up, Foreclosures Down

The Mortgage Corner Southern California home sales rose sharply in October as move-up buyers joined investors, according to San Diego-based DataQuick, shifting the mix of homes selling upward as foreclosure resales hit a five-year low. Southern California’s real estate market … Continue reading

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What to Do With Lowest Mortgage Rates in History?

The Mortgage Corner Mortgage rates are the lowest since the Mortgage Bankers Association survey began in the 1970s, at 3.91 percent for the conforming 30-year fixed rate, but actually lower with many lenders. I am seeing rates as low as … Continue reading

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