MBA: Mortgage Delinquencies Decrease in First Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.11 percent of all loans outstanding at the first quarter’s close, the Mortgage Bankers Association’s National Delinquency Survey reported.
Spring, Summer Home Sales Yield Best Days of the Year to Sell A Home
May, June and July offer home seller premiums of 10 percent or more above market value--with the top 15 best days to sell occurring in the month of May alone--reported ATTOM, Irvine, Calif.
Rising Inflation Impacting Non-Prime Borrowers Most
As rapidly rising gasoline, energy and utility prices drive inflation, non-prime borrowers with the riskiest credit profiles have generally experienced the greatest impact to their wallets, reported TransUnion, Chicago.