Leading up to the coronavirus outbreak, said Black Knight, Jacksonville, Fla., the vast majority of mortgage performance metrics were at or near record levels. Now, says Black Knight Data & Analytics President Ben Graboske, the mortgage market has been turned upside down.
Tag: Ben Graboske
Black Knight: Low Interest Rates Translates into Home Buying Power
Black Knight, Jacksonville, Fla., said despite four consecutive months of accelerating home price growth, falling interest rates have increased home buying power, making homes their most affordable since 2018.
Black Knight: Servicer Retention Rates Fall in Q3 Despite 3-Year High in Refinance Volumes
Black Knight, Jacksonville, Fla., said After hitting an 18-year low in Q4 2018, refinance lending has nearly doubled (+94%) over the past three quarters.
Black Knight: First-Time Homebuyers ‘Under Pressure’ as Early-Stage Delinquencies Rise
Black Knight, Jacksonville, Fla., said nearly 1% of first quarter originations became delinquent six months post-origination. Though this represented less than one-third of the 2000-2005 delinquency average of 2.93%, it is up more than 60% over the past 24 months and the highest since 2010.
Black Knight: First-Time Homebuyers ‘Under Pressure’ as Early-Stage Delinquencies Rise
Black Knight, Jacksonville, Fla., said nearly 1% of first quarter originations became delinquent six months post-origination. Though this represented less than one-third of the 2000-2005 delinquency average of 2.93%, it is up more than 60% over the past 24 months and the highest since 2010.