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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Categories
Homes Millbrae Pages
Tag Archives: Borrowers
US Homeowners Rise Above Water on Mortgages
The negative equity numbers also don’t say anything about whether or not the loans coming out from underwater are delinquent. While the overall delinquency rate dropped dramatically in the fourth quarter of 2012 to 7.09 percent of all loans, according … Continue reading
Posted in Real Estate News
Tagged Assumption, Basis Points, Borrowers, Cautionary Note, Chief Economist, Dallas Fort Worth, Decline, Delinquency Rate, Delinquent Loans, Distressed States, Foreclosure Rates, Fort Lauderdale, Fourth Quarter, homes millbrae, Mba, Metro Areas, Mortgage Bankers Association, Mortgages, Negative Equity, Sequestration, Zillow
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Foreclosures Fall Due to New Laws
Foreclosure activity fell 28 percent from a year ago nationally, according to a new report from RealtyTrac, but in California, they were down nearly 40 percent. More telling is foreclosure starts, the first notice of a foreclosure filling. In California … Continue reading
Posted in Real Estate News
Tagged Borrowers, California Home Sales, Cash Purchases, Consumer Confidence, Dataquick, Delinquencies, Delinquent Properties, Dubious Distinction, Foreclosure Sales, Foreclosures, homes millbrae, January 1st, John Walsh, Legal Changes, Lenders, Low Mortgage, Mortgage Rates, New Laws, Realtytrac, Southern California, Spectacular Job
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Fewer Borrowers Are Behind on Mortgages, but for How Long?
“The declines in the mortgage delinquency rate will likely be muted for the foreseeable futures as the foreclosure process in some states can take more than 1,000 days,” notes Tim Martin, of TransUnion’s financial services business unit. “It is not … Continue reading
Posted in Real Estate News
Tagged Backlogs, Borrowers, Business Unit, Declines, Delinquencies, Delinquency Rate, Financial Services Business, Foreclosure, Futures, Home Builders, Home Loans, homes millbrae, Mortgage Delinquency, Mortgage Payment, Negative Equity, New Laws, Pipeline, Regulatory Rules, States Court, Tim Martin, Transunion
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Americans Are Using Their Houses as ATMs Again
With home prices up 8 percent year-over-year in December, according to the latest reading from CoreLogic, homeowners are regaining home equity at a fast clip—1.4 million borrowers rose above water on their mortgages through the end of September. That number … Continue reading
Pending Home Sales Fall Due to Dwindling Supply
The Realtors’ monthly index fell 5.4 percent in the Northeast month-to-month, rose 0.9 percent in the Midwest, fell 4.5 percent in the South and fell 8.2 percent in the West. The West, and its severely distressed markets like Phoenix and … Continue reading
Posted in Real Estate News
Tagged Borrowers, Decline, First Time Home, First Time Home Buyers, Home Builders, homes millbrae, Investor Interest, Las Vegas, Midwest, Million Dollars, Mortgages, Perspective, Phoenix, Realtors, Red Flags, Rental Apartments, S Market, Sales Contracts, Seasonal Rise, Stocks, Time Home Buyers
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