Mortgage Delinquencies Fall to 20-Year Low
Americans are doing better at staying on top of their mortgage loans
Americans are doing better at staying on top of their mortgage loans
Long-term mortgage interest rates hovered slightly higher in the latest week
U.S. military veterans can now apply for VA mortgage funding on loans that exceed the conforming loan limit.
After mortgage interest rates dropped to their lowest year-to-date level last week, Black Knight estimates that a total of 8.2 million U.S. borrowers could now lower their current loan rates by 0.75% or more
Long-term mortgage interest rates fell to 31-month lows this week
For the second straight month, sales of new U.S. homes fell in May.
After six straight weeks of decreases, 30-year fixed-rate mortgage rates turned around and inched up 0.2% to 4.14%, putting a damper on home loan applications.
Only 4% of U.S. mortgages were delinquent in March
Investor concern over international trade pushed 30-year fixed rate mortgage interest rates down to 3.82%
Mortgage loans were a little easier to get in May, according to the Mortgage Bankers Association.