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First Mortgage Default Rate Holds Steady
The default rate on first mortgages remained unchanged at 0.63 percent from September to October, according to data from the S&P/Experian Consumer Credit Default Indices
The default rate on first mortgages remained unchanged at 0.63 percent from September to October, according to data from the S&P/Experian Consumer Credit Default Indices.   The composite rate for the indices was also unchanged from September to October, resting at the 0.82 percent level. The... Keep Reading....
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When it comes to house hunting, the best day to score the deepest discount on a property is the day after Christmas, according to an analysis from ATTOM Data Solutions
 When it comes to house hunting, the best day to score the deepest discount on a property is the day after Christmas, according to an analysis from ATTOM Data Solutions.   How did Dec. 26 become the best day for homebuying? ATTOM Data Solutions said that it studied more than 18 million single family... more
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) dropped slightly after weeks of steady increases
 Single-family housing starts in October were at a rate of 865,000, which is 1.8 percent below the revised September figure of 881,000, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. Privately-owned housing starts were at a seasonally-adjusted... more
https://www.lendingtree.com/
 While a great deal of attention has been focused on the influx of Millennials into the homeownership experience, a new LendingTree study reveals that more senior households are the core of this experience.   In a study of the nation’s 100 largest metro areas, LendingTree determined that the average... more
Inventory levels in October rose on a year-over-year measurement for the first time in a decade while the median sales price sank to one of its lowest levels for this year, according to the latest RE/MAX National Housing Report
 Inventory levels in October rose on a year-over-year measurement for the first time in a decade while the median sales price sank to one of its lowest levels for this year, according to the latest RE/MAX National Housing Report.   Home sales last month were 4.6 percent lower than October 2017. This... more

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