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HomeWeely Real Estate NewsMortgage Delinquency Rate Crashes to a New Low

Mortgage Delinquency Rate Crashes to a New Low

May 26, 2023 Mark Paul Cervantes Weely Real Estate News Comments Off on Mortgage Delinquency Rate Crashes to a New Low

No state posted an annual increase in overall delinquency rates in March.

The post Mortgage Delinquency Rate Crashes to a New Low appeared first on Weekly Real Estate News.

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Weely Real Estate News

Mortgage Delinquency Rate Drops to Near-Record Low

June 23, 2023 Allen Santos Weely Real Estate News Comments Off on Mortgage Delinquency Rate Drops to Near-Record Low

Serious delinquencies (loans 90 or more days past due) were down by 18,000 from April, a 3.7% drop. The post Mortgage Delinquency Rate Drops to Near-Record Low appeared first on Weekly Real Estate News.

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Rocket lost money last year, so why are its shares up?

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​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

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Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

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​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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