Intercontinental Exchange Inc., released its “first look” at January mortgage performance, finding that foreclosure starts jumped by 30% and foreclosure sales rose by 25%.
Tag: Prepayments
Black Knight: Nearly a Quarter of Homebuyers Face $3,000 Payments or More
Monthly mortgage payments between $2,000 and $3,000 have rapidly become the norm in today’s housing market in the face of spiking interest rates and historically high home prices, reported Black Knight, Jacksonville, Fla.
Black Knight First Look: Early-Stage Delinquencies Improve, Serious Past-Due Loans Rise
Black Knight, Jacksonville, Fla., issued its monthly First Look Mortgage Monitor, reporting the divergence between early-stage delinquencies and seriously past-due mortgages continues to widen as fewer delinquent loans cured to current status in August.
Black Knight: Mortgage Delinquencies Improve for the First Time Since January; Serious Delinquencies Surge to 9-Year High
Black Knight, Jacksonville, Fla., said after rising from 3.2% in January to 7.8% in May, the national delinquency rate improved for the first time in five months, falling to 7.6% in June as the overall number of past-due mortgages declined by 98,000.
Black Knight ‘First Look:’ March Delinquencies First Sign of Coronavirus Impact
March is usually the strongest month of the year for mortgage performance, says Black Knight, Jacksonville, Fla. Not this year.
Black Knight First Look: Mortgage Delinquencies Fall to Lowest Level on Record
Black Knight, Jacksonville, issued its First Look Mortgage Monitor, reporting mortgage delinquencies fell by more than 5% in January, hitting their lowest level on record dating back to 2000.
Black Knight ‘First Look:’ Strong Close to 2019 Pushes Mortgage Delinquency Rate to Near-Record Low
Black Knight, Jacksonville, Fla., said mortgage delinquencies fell by nearly 4% month-over-month to within 0.04% of the record low set this past May and more than 12% below from a year ago.
Black Knight’s First Look: Strong Decline in October Mortgage Delinquencies; Refis Pushes Prepayments to Highest Level in 6 Years
Black Knight, Jacksonville, Fla., said its First Look Mortgage Monitor reported the national mortgage delinquency rate fell to 3.39% in October, a nearly 7% decline from the past year and within 0.03% of the record low set in May.