Equity Rich in the U.S.A

The consistency in the growth of the economy as well as the growth in the real estate industry overall has had a spillover effect in homeowner equity. According to ATTOM Data Solutions, nearly fifteen million homes in the U.S. were calculated to be equity-rich...

Delinquencies Continue to Fall

The number of mortgages in some form of delinquency fell by nearly 10% year-over-year according to CoreLogic. The nation’s overall delinquency rate was 3.7% in October; this compares to 4.1% for the prior year period. The current 3.7% level is the lowest recorded in...

Mortgage Debt Climbs to $15.8 Trillion

The Federal Reserve reported that outstanding U.S. mortgage debt increased 1.2% to $15.8 trillion in the third quarter of 2019 from Q2 2019. This increase represents the largest quarter-to-quarter gain in almost two years, much of which is due to the robust demand for...