In February 2017, 5.0 percent of mortgages were delinquent by at least 30 days or more including those in foreclosure. This represents a 0.5 percentage point decline in the overall delinquency rate compared with February 2016.
From Freddie Mac's weekly survey: The 30-year fixed rate averaged 3.88 percent, three basis points better than last week's 3.91 percent. The 15-year fixed averaged 3.19 percent, two basis points better than last week's 3.21 percent. Foreclosure News
Your home equity could keep you afloat in retirement or bail you out in an emergency – but not if you spend it first. U.S. homeowners are sitting on nearlya Your home equity could keep you afloat in retirement or bail you out in an emergency – but not if you spend it first. Foreclosure…
Keller, Mullins and Sullivan, Js.Richard Lewis, New Haven, for the appellant . S. Bruce Fair, Springfield, for the appellee . Foreclosure News
I hate to break the news, but racial diversity exists in the United States. In fact, many will tell you that it is one of the U.S.'s strongest attributes, and that we benefit from it. Foreclosure News
Fannie Mae has expanded the menu of post-disaster services it is offering to its borrowers. The new services are in addition to the up to 12 months of forbearance, waived fees, and temporary foreclosure moratorium that Freddie Mac and Fannie Mae traditionally offer in the wake of hurricanes, wildfires, and other disasters. Foreclosure News
Trump's chief economic adviser Gary Cohn has ignited a debate about the economic effect of the mortgage interest deduction on home-buying. Gary Cohn: 'People don't buy homes because of the mortgage deduction' – or do they? Trump's chief economic adviser Gary Cohn has ignited a debate about the economic effect of the mortgage interest deduction…
