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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.
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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.