Trends

Newly released federal data reaffirmed the continued strength of the housing market
Newly released federal data reaffirmed the continued strength of the housing market.   Sales of new single-family houses in May were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban... Keep Reading....
CoreLogic’s Loan Performance Insights Report shows that in March, nationally, 4.4 percent of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure), a 0.8 percentage point decline in the overall delinquency rate compared with March 2016 when it was 5.2... more
As part of its ongoing support for severely wounded military Veterans of the Iraq and Afghanistan conflicts, the Carrington Charitable Foundation (CCF), the non-profit organization of The Carrington Companies
As part of its ongoing support for severely wounded military Veterans of the Iraq and Afghanistan conflicts, the Carrington Charitable Foundation (CCF), the non-profit organization of The Carrington Companies, recently hosted a housewarming for U.S. Army Master Sgt. David Glenn and his family in... more
The seemingly nonstop rise in home prices has created a new problem: Mortgage payments are unaffordable in half of America's largest markets, according to new data from Zillow
The seemingly nonstop rise in home prices has created a new problem: Mortgage payments are unaffordable in half of America's largest markets, according to new data from Zillow.   Nationally, mortgage payments on the median home for sale require 20 percent of the median income. However, the median... more
Would-be homebuyers are most frequently deterred from pursuing the American Dream due to misperceptions about downpayments, according to a survey of mortgage professionals conducted by Genworth Mortgage Insurance.
The 30-year fixed mortgage rate fell for the fourth consecutive week and hit its lowest level in nearly seven months, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending June 8.   The 30-year fixed-rate mortgage (FRM) averaged 3.89 percent, down from last week when... more