CoreLogic, Irvine, Calif., said on a national level, 6.1% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in October, a 2.4-percentage point increase from a year ago, when it was 3.7%.
Tag: Frank Nothaft
No Letup in Home Price Gains; CoreLogic Reports 8.2% Annual Growth
CoreLogic, Irvine, Calif., said its November U.S. Home Price Index saw its largest annual appreciation since March 2014. The report said nationally, home prices increased by 8.2% in November from a year ago. On a month-over-month basis, home prices increased by 1.1% from October.
Home Equity Reaches Record High: Homeowners Gained $1 Trillion in 3Q Equity
CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages saw their equity increase by 10.8% year over year in the third quarter—a collective equity gain of $1 trillion and an average gain of $17,000 per homeowner.
CoreLogic: Serious Delinquencies Level Off in ‘Positive Signal’
CoreLogic, Irvine, Calif., said its monthly Loan Performance Insights Report for September showed a leveling off of serious loan delinquencies, a “positive signal” that the housing finance industry is thus far adjusting to the pandemic-induced economic downturn.
‘Gaining Momentum’: October Annual U.S. Home Prices Up 7.3%
CoreLogic, Irvine, Calif., said home prices increased by 7.3% in October from a year ago, marking the fastest annual appreciation since April 2014.
CoreLogic: Foreclosures Remain Low; Serious Delinquencies Continue to Build Up
Ahead of this morning’s quarterly National Delinquency Survey from the Mortgage Bankers Association, CoreLogic, Irvine, Calif., said the 150-day delinquency rate reached its highest level since January 1999, noting that forbearance provisions have helped foreclosure rates maintain historic lows.
Home Price Appreciation Jumps to Six-Year High
CoreLogic, Irvine, Calif., said home prices increased 6.7% nationally in September 2020 compared with September 2019, the fastest annual acceleration since May 2014.
CoreLogic: Serious Delinquencies Spiking Despite Strong Housing Demand
CoreLogic, Irvine, Calif., reported an increase in overall mortgage delinquency rates in July—and in particular, a spike in serious delinquencies to their highest level in more than six years.
CoreLogic: U.S. Home Price Appreciation Jumps in August
Despite pandemic pressures, home prices increased 5.9 percent year-over-year in August, reported CoreLogic, Irvine, Calif.
CoreLogic: Despite Pandemic, Homeowners Gain $620 Billion in Equity
CoreLogic, Irvine, Calif., said its 2nd Quarter Home Equity Report shows U.S. homeowners with mortgages—which account for 63% of all properties—have seen their equity increase by 6.6% year over year. This represents a collective equity gain of $620 billion and an average gain of $9,800 per homeowner from a year ago.