Foreclosures Falling, But Delinquency Rate Climbing

Author: Brian Honea December 30, 2014 The nation's foreclosure inventory fell to its lowest level in almost seven years in November, but the percentage of delinquent mortgage loans is on the rise, according to Black Knight Financial Services' November 2014 "First Look" at Mortgage Data. Delinquent mortgages, which are those more than 30 days overdue … Continue reading Foreclosures Falling, But Delinquency Rate Climbing

Millions of homeowners could refinance and save big

By Les Christie   @CNNMoney December 30, 2014: 5:26 PM ET NEW YORK (CNNMoney) Millions of homeowners could save big money -- and possibly their homes -- by refinancing to today's historically low rates. But most don't even apply. Nearly one in five homeowners who are behind on their mortgage payments have loans with interest … Continue reading Millions of homeowners could refinance and save big

Foreclosures Falling, But Delinquency Rate Climbing

The nation's foreclosure inventory fell to its lowest level in almost seven years in November, but the percentage of delinquent mortgage loans is on the rise, according to Black Knight Financial Services' November 2014 "First Look" at Mortgage Data. Delinquent mortgages, which are those more than 30 days overdue but not in foreclosure, jumped by … Continue reading Foreclosures Falling, But Delinquency Rate Climbing

Freddie Mac’s Mortgage Portfolio Expands For Third Straight Month

November marked another month of expansion for Freddie Mac's mortgage portfolio, which grew again as new business ticked up. According to Freddie Mac's monthly volume summary, released Monday, the company's total portfolio ended November at an estimated $1.9 trillion, up an annualized 0.4 percent. Year-to-date, the portfolio's growth rate is an average -0.7 percent, the … Continue reading Freddie Mac’s Mortgage Portfolio Expands For Third Straight Month

‘Different kind of market’ ahead for farmland

CHAMPAIGN, Ill., Dec. 19, 2014 /PRNewswire/ -- When it comes to farmland prices, the only certain thing about 2015 is that it will be unlike any year we've seen in a while, according to farmland authority Murray Wise, president of Murray Wise Associates. "This year has been one of transition, with prices varying widely depending on … Continue reading ‘Different kind of market’ ahead for farmland

Auction.com: Here’s who is renting and where

Brena Swanson December 18, 2014 9:17AM Investors tend to gravitate toward renting properties rather than flipping them, according to a new November industry report from Auction.com. The Real Estate Investor Activity Report is a nationwide survey of real estate investors bidding on properties offered for auction during the month. “Real estate investors appear more likely … Continue reading Auction.com: Here’s who is renting and where

Freddie Mac Predicts Biggest Year for Home Sales Since ’07

Author: Brian Honea December 16, 2014 Freddie Mac predicted that 2015 will see the highest level of home sales in the U.S. since 2007 in its December 2014 U.S. Economic and Housing Market Outlook released on Tuesday. In the report, Freddie Mac looked back at five key consensus predictions for 2014, how they fared, and … Continue reading Freddie Mac Predicts Biggest Year for Home Sales Since ’07