8/02/2021 12:12:00 PM
Black Knight released their Mortgage Monitor report for June today. According to Black Knight, 4.37% of mortgage were delinquent in June, down from 4.73% of mortgages in May, and down from 7.59% in June 2020. Black Knight also reported that 0.27% of mortgages were in the foreclosure process, down from 0.36% a year ago.
This gives a total of 5.01% delinquent or in foreclosure.
Today, the Data & Analytics division of Black Knight, Inc. released its latest Mortgage Monitor Report, based upon the company’s industry-leading mortgage, real estate and public records datasets. Considering recently updated forbearance expiration timelines announced by FHFA, FHA, VA, and USDA,
this month’s report looks at the impact of the many varying allowable forbearance periods. According to Black Knight Data & Analytics President Ben Graboske, due to the complexity of the expiration matrices across different agencies, the operational challenge mortgage servicers were alread
Calculated Risk calculatedriskblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calculatedriskblog.com Daily Mail and Mail on Sunday newspapers.
Most Americans say itâs a good time to sell a home â hereâs why you may consider a mortgage refinance instead
By Kelsey Ramirez article
Home prices are surging at a record pace, causing consumers to agree now is not a good time to buy a home. (iStock)
Although mortgage interest rates remain near record lows, more Americans are now saying that while it s a good time to sell a home, it s not a good time to buy. However, as median home values surge across metro areas, it may be a great time to refinance.
The latest
Home Purchase Sentiment Index from Fannie Mae saw some volatility in its good time to buy and good time to sell components. As of June, 64% of survey respondents said now is a bad time to buy a home, up from 56% the month before, while 77% said now is a good time to sell, up from 67% in May. That can largely be attributed to rising home prices, which are surging at a record-breaking pace.
Most Americans say it s a good time to sell a home – here s why you may consider a mortgage refinance instead fox5atlanta.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fox5atlanta.com Daily Mail and Mail on Sunday newspapers.