ICE said that the increase largely reflects calendar effects rather than a broad deterioration in borrower performance. Similar calendar-driven increases occurred in 2014, 2008 and 2003, each of which produced larger November... Read more »
Changes to Real Estate Buyer Representation and Compensatio (11/14/2024) Source link Read more »
The likelihood of a third Federal Reserve rate cut got higher with Wednesday’s Consumer Price Index from the U.S. Bureau of Labor Statistics, which met expectations from economists on inflation. Headline inflation... Read more »
People often disregard reverse mortgages as being too complex. However, I argue they are simply unfamiliar. When explained properly, borrowers can easily understand the concept of a reverse mortgage. However, the loan... Read more »
Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to the National Association of Realtors. The reading, which is based on signed... Read more »
Housing prices were high and sales volumes low across Southern California as 2023 approached its end. In November, home prices reached all-time highs in four of Southern California’s six counties, according to... Read more »
New home sales fell month-over-month in November to their lowest level since last November. But despite this dip, 2023 is poised to be one of homebuilders’ busiest years. Total new home sales... Read more »
While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Furthermore, the delinquency rate among FHA loans is at a... Read more »
The October 2022 Enforcement Actions report is now available. (11/30/2022) Source link Read more »
Inflation saw a small rise again in November, following no changes in October. After the recent pause in rate hikes from the Fed, this reading is in line with economist predictions that... Read more »