Tag: delinquency
November 2014: Foreclosure Report
November’s foreclosure report showed Florida with 0.14% foreclosure filings higher when compared with the nation’s 0.08%. The following statistics gathered from RealtyTrac are:
National Mortgage Debt Overview
According to TransUnion’s Industry Insight report in the third quarter of 2014, the nation’s mortgage delinquency rate has decreased to 3.36%. This percentage represents borrowers with 60 days or more past due, another drop for the 11th consecutive month. A 17% drop from a year ago provides a promising recovery in 2015. This chart from […]
A Refinance Program Giving Back to the Middle Class
Mortgage rates are lower today than they have been for years. For those who are already committed to a current existing rate, you are not out of options to achieve a lower rate through a refinance. Even though the opportunity has been around since 2009, one of the nation’s most effective mortgage payment reducing program […]
The Nation’s Top Five States Highest in Foreclosure Filings
Currently in the U.S. there are well over 1 million properties that are in a stage of foreclosure, 1,094,710 to be exact. As of the month in June, properties foreclosed was reported from RealtyTrac was 2% lower than the month of May and 16% lower than the the same time in 2013. The home sales […]
Current Economic Situation of Today’s Top 10 Most Populated States
We all know that there are tons of overpopulated cities across the nation, but what are the top states exactly with the most residents? It seems like the more populated a city is, the more it seems to struggle when the economy start to head downhill. There are several states still struggling to recover from […]
FHFA February 2014 Report: Top 10 HARP Refinance States
According to the most recent report presented through the Federal Housing Finance Agency (FHFA), HARP Refinances have decreased possibly due to rising mortgage rates of four to four and a half percent since June 2013. As of March 2014 there are a total of 48,000 foreclosures completed, which is a pretty high amount since 2008. […]
