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Mortgage Delinquency Rate Remains at 12-Year Low
Four percent of mortgages were in some stage of delinquency during August, according to new data from CoreLogic
Four percent of mortgages were in some stage of delinquency during August, according to new data from CoreLogic. This represents a 0.6 percentage point decline from August 2017, when the rate was 4.6 percent.   The foreclosure inventory rate in August was 0.5 percent, down 0.1 percentage point from... Keep Reading....
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Nearly $450 billion was spent on roughly 113 home improvement projects between 2015 and 2017, according to a NerdWallet analysis of U.S. Census Bureau data from the American Housing Survey
 Nearly $450 billion was spent on roughly 113 home improvement projects between 2015 and 2017, according to a NerdWallet analysis of U.S. Census Bureau data from the American Housing Survey.   NerdWallet also reported that 72 percent of homeowners believed spending money on home improvements always... more
Housing affordability opportunities hit during the third quarter that has not been seen since 2008, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index
 Housing affordability opportunities hit during the third quarter that has not been seen since 2008, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index.   The new index report determined that only 56.4 percent of new and existing homes sold in the... more
The Federal Reserve’s policymaking committee opted not to raise rates today
 The Federal Reserve’s policymaking committee opted not to raise rates today.   The central bank’s Federal Open Market Committee (FOMC) unanimously voted on its decision. Although it noted “the labor market has continued to strengthen and that economic activity has been rising at a strong rate,” the... more
Customer satisfaction with primary mortgage originators is on the rise, according to the J.D. Power 2018 U.S. Primary Mortgage Origination Satisfaction Study
 Customer satisfaction with primary mortgage originators is on the rise, according to the J.D. Power 2018 U.S. Primary Mortgage Origination Satisfaction Study.   Overall satisfaction with primary mortgage originators during 2018 swelled by 10 points on a 1,000-point scale in 2018. On average,... more

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