February’s foreclosure inventory fell to lowest rate since 1999

This was the lowest foreclosure inventory rate since the fourth quarter of 2007. The FHA delinquency rate fell by 63 basis points to 9.10 percent. VA loans saw the only increase across loans types,

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According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), lower home prices, declining mortgage rates and solid income gains contributed to a rise in housing affordability in Q1 of 2019. The report says that 61.4% of new and existing homes sold between the first of January to end ofRead More

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As of April 2019, the foreclosure inventory rate – which measures the share of mortgages in some stage of the foreclosure process – was 0.4%, down 0.1 percentage points from April 2018. The April 2019 foreclosure inventory rate tied the prior five months as the lowest for any month since at least January 1999.

MBA: Foreclosure Inventory Rate at 12-Year Low. Nonetheless, the mortgage delinquency levels were down from the previous quarter across all loan types, and the percentage of loans in the foreclosure process at the end of the first quarter fell to 1.16 percent, down three basis points from the fourth quarter and 23 basis points lower than a year ago.

The foreclosure inventory rate – meaning the share of mortgages in some. February's foreclosure rate was the lowest for that month in at least 20. Miami saw a sharp decrease in the overall delinquency rate, falling from 10.3% in February 2018.. [2] The data in this report date back to January 1999.

"Mortgage rates remained mostly unchanged this week, while mortgage applications rose 5.3% from the previous week.. New foreclosures fell to record low numbers in 2017.. February’s foreclosure inventory fell to lowest rate since 1999. May 15, 2019.

It was the lowest foreclosure inventory rate since June 30, 2007. New Jersey (5.42%) and New York (4.28%) continued to have the highest percentage of loans in foreclosure, but they continued to.

As of February, the foreclosure inventory rate was 0.4 percent, down. 2019 rates as the lowest for any month since at least January 1999.. The percentage of loans on which foreclosure actions were started last quarter fell.

The HOUSTON – Sales of homes throughout the greater houston area never let up in 2012, driven by a combination of strong local jobs numbers and historically low interest rates. inventory down to.