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Mortgage delinquency rates improve across the board
February 24, 2023
Mark Paul Cervantes
Housing Wire
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Mortgage delinquencies were down across the board in January, with the overall national delinquency rate declining to 3.38%, a drop of 10 basis points from December, according to Black Knight’s month-end mortgage performance statistics. National […]
About 60% of mortgage pros are living paycheck to paycheck, study shows
June 15, 2023
Mark Paul Cervantes
Housing Wire
Comments Off on About 60% of mortgage pros are living paycheck to paycheck, study shows
About 60% of mortgage industry professionals in the U.S. are living paycheck to paycheck, an issue caused primarily by inflation, high interest rates and fewer deals, according to a study released this week by payroll […]
Mortgage demand rises amid MBS volatility
March 22, 2023
Mark Paul Cervantes
Housing Wire
Comments Off on Mortgage demand rises amid MBS volatility
Consumer demand for home loans rose for the third consecutive week due to declining mortgage rates, following the turbulence in the financial markets caused by regional bank failures. But the same bank crisis is bringing […]