Non-mortgage expenses such as home and flood insurance, property taxes, utilities and maintenance add more than $21,000 annually to the total cost of homeownership on average, according to a new report from Insurify, Cambridge, Mass.
Category: News and Trends
MBA: Commercial, Multifamily Mortgage Delinquency Rates Increased in Second Quarter
Commercial mortgage delinquencies increased in the second quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.
Transunion: Total Tappable Home Equity Remains High
Transunion, Chicago, released its Q2 Home Equity Report, finding that total tappable home equity stands at $21.5 trillion, up 5% year-over-year.
To the Point With Bob: Why Preserving Competition Between Fannie Mae and Freddie Mac Matters
The Trump Administration has signaled that it is prepared to take meaningful steps to alter the long-standing conservatorship of Fannie Mae and Freddie Mac, which has now entered its eighteenth year. One idea some have mentioned is the potential merger of the two government-sponsored enterprises (GSEs), or their placement under common holding company ownership, writes MBA President & CEO Bob Broeksmit, CMB.
Servicing Quote of the Week
“While the national delinquency rate inched up to 2.9%, it remains below December’s peak of 3.2%. Meanwhile serious delinquencies continue to move within a narrow band between 0.8% and 1%.”
–Molly Boesel, senior principal economist at Cotality
ICE Mortgage Monitor: Property Insurance Costs Continue to Grow
ICE Mortgage Technology, Atlanta, released its ICE Mortgage Monitor Report, highlighting a continued surge in property insurance costs.
National Housing Conference Report: Middle-Class Americans Priced Out
Middle-class Americans now face a housing affordability crisis once reserved for low-income families, according to a new report from the National Housing Conference.
TransUnion Finds Correlation Between PTI Ratios, Mortgage Delinquencies
TransUnion, Chicago, released a new analysis finding a correlation between rising payment-to-income ratios and rising mortgage delinquencies.
Redfin Shows How U.S. Housing Costs Could Return to ‘Normal’ by 2030 Under Certain Conditions
Redfin, Seattle, released a new report exploring how housing costs could return to “normal” by 2030 if home-price growth stabilizes and mortgage rates fall to 5.5%.
Jobs Up by 22,000 in August, Unemployment at 4.3%, BLS Reports
The Bureau of Labor Statistics released August jobs data Friday morning, finding that total nonfarm payroll employment ticked up by 22,000, and the unemployment rate is little changed at 4.3%.