Tag Archives: Delinquencies

According to ATTOM's 2023 U.S. Home Equity & Underwater Report, the share of mortgaged homes that were equity-rich in Q2 2023 increased from 47% in Q1, reaching the highest point in four years.

Molly Boesel, Principal Economist for CoreLogic, noted, “While early delinquencies for 2022 mortgage originations are about the same rate as those in other rising interest-rate environments, loans with low down payments are exhibiting comparably higher-than-usual early delinquencies.”

Due to persistently high home prices, new homebuyers may shell out costly amounts for their mortgage payments, as a new study from LendingTree reveals that the average nationwide payment on a new mortgage has reached $2,317 a month.

Since the start of the pandemic, homeowners have reduced their mortgage payments by more than $1.3 billion per month through rate and term refinances.

Inventory challenges continue to put upward pressure on prices. "It's not getting any better, either," analysts report.

Several new reports shine light on the state of the market, from affordability and refi activity to forbearances and delinquency rates.

Click through to read more on how changing 30-year rates are impacting prospective buyers.

Click through to find out which metros posted the largest gains in over delinquency during November 2019.

A recently released report indicates that the personal satisfaction of Americans is translating into steady mortgage payments and fewer delinquencies.

Fueled by increased wages and job growth, loan performance has improved across the country. In this report, find out what else has improved for homeowners.