DSNews: By Author: Brian Honea February 18, 2015 The nation’s mortgage delinquency rate for loans 60 days or more overdue continued its steady decline in the fourth quarter of 2014, falling to 3.29 percent – representing a 14 percent drop from the same quarter in 2013 (3.84 percent), according toTransUnion‘s latest mortgage report released Wednesday. Q4 was […]
DSNews Author: Brian Honea February 13, 2015 A survey conducted among economists by theFederal Reserve Bank of Philadelphia on economic growth in the United States released on Friday revealed that predictions have been revised upward for the labor market – which means good news for the economy and for housing recovery. The Philadelphia Fed […]
DSNews: Author: Tory Barringer January 23, 2015 A measure of leading U.S. economic indicators rose again in December, advancing for a fourth straight month as most components improved. The Conference Board’s Leading Economic Index (LEI), which gauges the near-term economic outlook based on a variety of indicators, increased 0.5 percent in December to 121.1, the […]
DSNews: Author: Tory Barringer January 21, 2015 In the wake of the National Association of Home Builders’ (NAHB) latest confidence index, builders convened in Las Vegas this week to discuss housing trends over the last few months and what they expect to see in 2015. In a panel at the group’s International Builders’ Show, top […]
DSNews: Author: Tory Barringer January 12, 2015 With 2015 less than two weeks underway, Fitch Ratings is the latest forecaster predicting great things for housing in the coming year. However, unlike other commentators, whose projections were based on encouraging market trends, the ratings agency says it’s a combination of recent government actions that reinforces its […]
DSNews -Author: Brian Honea January 14, 2015 About 1.5 percent of all homes with a mortgage in the United States were in some state of foreclosure in November 2014, the lowest foreclosure rate since March 2008, according to CoreLogic‘sNovember 2014 National Foreclosure Report released Wednesday. Foreclosure inventory, which includes homes in any state of foreclosure, plummeted […]
DSNews: Author: Brian Honea January 7, 2015 The pristine performance of mortgage loans in the U.S. with a vintage of 2009 or later is an indicator that underwriting standards could be loosened, according to CoreLogic senior economist Molly Boesel. In an analysis entitled “What’s an Acceptable Level of Mortgage Default?” published in CoreLogic’s December 2014 […]
DSNews Author: Tory Barringer January 8, 2015 The third quarter of 2014 saw more than a quarter of a million American homes return to positive equity, leaving about one in 10 still underwater,CoreLogic said in its Q3 2014 Equity Report released Thursday. According to the company’s latest estimates, an additional 273,000 U.S. homes recovered to a positive […]
DSNews Author: Brian Honea December 23, 2014 A popular index gauging leading U.S. economic indicators grew for a third straight month in November, signaling moderate economic growth as the year closes out. The Conference Board’s Leading Economic Index(LEI) increased 0.6 percent in November to 105.5, the group reported. The increase matched October’s improvement and […]
DSNews Author: Scott Morgan December 24, 2014 Freddie Mac’s latest Multi-Indicator Market Index(MiMi) report finds the U.S. housing market weak but stabilizing at year’s end. The index, released Tuesday, shows that 70 markets are inching upwards, including San Jose and Pittsburgh, which have finally joined the forward momentum. The national MiMi value stands at […]
