The Data and Analytics division of Black Knight Financial Services issued their "First Look" at January mortgage performance data, noting foreclosure inventory has hit a new post-crisis low.
Black Knight’s "first look" report for March, 2019 says that there were just over 39k foreclosure starts, marking the lowest single-month volume in over 18 years. In addition, they also reported that prepayment activity increased by 28% month-over-month (the largest single-month increase in 2.5 years), the national delinquency rate fell by 5.3%, and outstanding 90-dayRead More
Homebuilder sentiment cools in January from 18-year high Mortgage, real estate industries get creative to aid clients 5) Create personalized mortgage broker campaigns for each of your clients. With marketing automation, emails can automatically go out to each client based on their own needs and preferences. With marketing automation, emails can automatically go out to each client based on their own needs and preferences.
U.S. home prices increased 0.7% in February compared to January and were up 4.6% compared to February 2014, according to Black Knight Financial Services’ home price index (HPI) report. The average home price for the month of February was $242,000, up from $241,000 in January. The slight increase brought the average home price to within [.]
For the same period in 2018, year-over-year prices were more than 4.5% higher. "Home price appreciation will slow down – the days of easy price gains are coming to an end – but prices will.
FHFA launches resources for lenders serving Spanish-speaking borrowers FHFA launches resources for lenders serving spanish-speaking borrowers The Federal Housing Finance Agency, Fannie Mae and Freddie Mac have launched an online clearinghouse with resources to assist lenders in serving borrowers with limited English proficiency.
Federal Reserve officials judged uncertainties and downside risks to the outlook for the U.S. economy had increased significantly when they gathered in June, strengthening the case for an interest.
From Black Knight: U.S. Home Prices Up 0.2 Percent for the Month; Up 5.5 percent year-Over-Year U.S. home prices were up 0.2 percent for the month, and have gained 5.5 percent from one year ago At $254K, the national level HPI is now just 5.3 percent off its June 2006 peak of $268K, and up 26.9 percent from the market’s bottom in.
HELOCs on the Rise Again. April 06, 2017; Last week, the Case-Shiller home price index reported a 31-month high in January’s home prices. The 20-city composite index appreciated 5.7% during the three-month period ending in January, for a 5.9% increase year-over-year.
Mortgage growth in Canada hasn’t been this weak since 2001 BoC cautious on timing for next rate hike due to record-high. – BoC cautious on timing for next rate hike due to record-high household debt, Poloz says The Globe and MailBig Bank Mortgage Rates Rising: What it Means for You Canadian Mortgage TrendsMortgage growth in Canada hasn’t been this weak since 2001 Financial PostFull coverage
Year-end home price reports suggest low inventories and slow construction pushed up home prices well above 5 percent annual growth. black Knight Financial Services, Jacksonville, Fla., said this morning that its Home Price Index showed U.S. home prices rose by 0.2 percent in its most recent period (September) and up by 5.5 percent year over year.
The beginning of the Christmas shopping season, marked by Black Friday – the day following Thanksgiving Day in the United States – is one of the biggest consumer spending holidays each year. Black Friday is known for the increase in sales and store traffic that businesses across the nation.