Completed foreclosures increased by 18% while foreclosure starts stayed flat.
Sarah Wolak is a staff writer at NMP.
Completed foreclosures increased by 18% while foreclosure starts stayed flat.
Twenty-nine percent of U.S. single-family homes for sale in the third quarter were new construction — a record high.
Black Knight's September 2022 Mortgage Monitor Report also found 3.6% of borrowers are either underwater or have less than 10% equity.
A recent Zillow survey says that first-time home buyers should line up financing first before home shopping.
Year-over-year total lock volume fell 60.4% in October.
The decision was announced by CEO and Co-founder Eric Wu in a blog post.
Nearly 50% of mortgaged residential properties in the nation are equity-rich.
The bank confirmed on Monday that they are being investigated by the U.S. Securities and Exchange Commission.
The lender announced the opening of a new branch in Anchorage.
Nation's largest lender is showcasing a loyalty program that offers homebuyers savings on closing costs.