Pending sales of existing homes in the US fell in January to a record low as buyers remained unmotivated by lower mortgage rates and slower price increases. Processing Content An index of contract signings fell 0.8% last month to the lowest level in data from 2001, following a revised 7.4% decline in December, according to […]
Pending home sales fell to record low in January Read More »
Although delinquency rates have been steadily rising over the past few years, vacancy and foreclosure rates are seeing little movement, according to a new industry report. Processing Content Nearly 1.4 million homes, or 1.33%, residential properties in the United States were vacant at the beginning of the year, virtually the same as the 1.32% rate
Delinquencies rise, vacancies stay flat Read More »
Consumers are reengaging with the mortgage market, signaling a return to normality in 2026, TransUnion said. Processing Content Mortgage originations rose 6.5% year over year to 1.3 million in the third quarter of last year, but at the same time, the percentage of borrowers 60 or more days delinquent increased to 1.51% in the fourth
TransUnion sees mortgage market normalizing Read More »