Tag: Homes

Posted on 03/15/2022
Mortgage Delinquencies Drop to Record Low
©phototechno - Getty Images The percentage of homes with mortgages that have late payments or are in foreclosure has dropped to the lowest seen on record in more than two decades, according to CoreLogic’s data dating back to 1999. The nation’s overall delinquency dropped to 3.4% at the end of 2021, with the majority of states posting a...
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Posted on 03/05/2022
Homeowners Tempted To Use Equity
Homeowners are seeing record levels of equity in their properties, and many plan to tap into some of that newfound wealth. Mortgage holders have an average of about $185,000 in home equity, according to research from Black Knight. That amount assumes retaining a 20% stake in the property. The options to draw money from a home are typically...
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Posted on 01/10/2022
FYI - Mortgage Rates Higher Than at Any Point in 2021
Mortgage rates have taken a big leap at the start of the new year. In the first week of 2022, the 30-year fixed-rate mortgage jumped nearly 60 basis points higher than a year earlier, averaging 3.22% this week, Freddie Mac reports. “Mortgage rates increased during the first week of 2022 to the highest level since May 2020 and...
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Posted on 07/29/2020
Ways to Reduce Water Wastage
Water is one of the greatest, most abundant, natural resources on earth and one of the most wasted in the home. If you use water excessively, there's a good chance your water bill will create a deep hole in your pocket. Not only will conserving water save you money, but it will also help you reduce the strain...
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Posted on 02/24/2020
Mortgage Minute
Home prices are on the rise, but interest rates are still low, making it a great time to buy a home. From HousingWire.com: In December, home prices climbed by 4% from the previous year, according to CoreLogic’s latest Home Price Forecast. The CoreLogic HPI projects future home price growth based on several economic variables and measures the number of...
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