Home price declines leave 450,000 borrowers underwater

Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their homes in 2022, according to the latest Black Knight Mortgage Monitor. Continue reading

Delinquency rate hits lowest level seen in a year: CoreLogic

According to property analytics provider CoreLogic, 4.7 percent of mortgages in the U.S. were in some state of delinquency in April. Continue reading

National delinquency rate dipped below 5% in April

The national delinquency rate dipped below 5 percent in April, although nearly 1.8 million homeowners were at least 90 days behind on their mortgage payments, an increase of 1.3 million compared to before the pandemic. Continue reading