In the company's loan performance report for January, Frank Martell, CoreLogic's president and CEO said, "Except for the metropolitan areas affected by natural disasters, most of the country has seen delinquency and foreclosure rates move lower over the past year. Declines in the unemployment rate have supported a rise in income and home-price growth has built home equity. These two economic forces coupled with high-quality underwriting have lowered overall delinquency rates. " The national rate for loans that were 30 or more days past due declined from 5.1 percent of active loans in January 2017 to 4.9 percent 12 months later, but that improvement would have been greater absent the push higher from two states. Besides being among the nation's most populous, Texas and Florida bore the brunt

April 10, 2018 Download our Mobile App: Download our Mobile App: Housing News Delinquencies Down Overall, Texas and Florida Still Coping In the company's loan performance report for January, Frank Martell, CoreLogic's president and CEO said, "Except for the metropolitan areas affected by natural disasters, most of the country has seen delinquency and foreclosure rates move lower over ... (read more) Rob Chrisman LO Training, Lender Products; State-Level Changes Plenty of folks are moving to Florida, where I am today for a VA Conference. Do property taxes matter? Sure they do. Enough to move to an entirely different state? This article says, “Apparently.” Experts say that jobs are the most import... (read more) MBS Commentary MBS Live Day Ahead: First Treasury Auction; Not The Price Index You're Looking For Although today's 8:30am data has the trigger phrase "price index," it's not the price index you're looking for.  That will come tomorrow in the form of the Consumer Price Index (CPI).  Today's Producer Price Index (PPI)  measures the s... (read more) Mortgage Rate Watch Mortgage Rates Mostly Steady, but Volatility Could Increase Mortgage rates were steady to slightly higher to begin the new week, depending on the lender. Even in cases where rates rose, the increase was modest at best. The lack of drama is consistent with the week's economic calendar which essentially had not... (read more) Housing News Survey Shows Strong Up-Swing in Home Purchase Attitude If you think the stock market has been volatile, you might consider a dose of Dramamine before checking out Fannie Mae's Home Purchase Sentiment Index (HPSI). The results of the March National Housing Survey (NHS) as reflected in the HPSI rose 2.5 po... (read more) MBS Commentary MBS Live Recap: Bonds Battle Back to Unchanged in Narrow Range Without any major events or data on the econ calendar, it was a calm and relatively inconsequential day for bond markets.  Yields stayed (mostly) inside the two narrowest technical levels from Friday afternoon (2.80% and 2.76%), but that wasn'... (read more) Mortgage Rates 30 Yr. Fixed Rate 7.02% +0.01% Rate Change Points Mortgage News Daily 30 Yr. Fixed 7.02% +0.01 0.00 15 Yr. Fixed 6.37% 0.00 0.00 30 Yr. FHA 6.30% -0.02 0.00 30 Yr. Jumbo 7.20% 0.00 0.00 7/6 SOFR ARM 6.99% +0.04 0.00 30 Yr. VA 6.32% -0.02 0.00 Updates Daily - Last Update: 11/14 15 Yr. Fixed Rate 6.37% +0.00% Rate Change Points Freddie Mac 30 Yr. Fixed 6.78% -0.01 0.00 15 Yr. Fixed 5.99% -0.01 0.00 Updates Weekly - Last Update: 11/14 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.73% +0.21 0.69 15 Yr. Fixed 6.27% +0.29 0.77 30 Yr. Jumbo 6.77% +0.04 0.49 Updates Weekly - Last Update: 10/30 MBS / Treasuries UMBS 30YR 5.5 98.84 -0.09 Price / Yield Change MBS UMBS 5.5 98.86 -0.07 UMBS 6.0 100.51 -0.05 GNMA 5.5 99.49 -0.08 GNMA 6.0 100.65 -0.06 Pricing as of: 11/14 10:50PM EST 10 Year US Treasury 4.4606 +0.0218 Price / Yield Change US Treasury 2 YR Treasury 4.351 +0.001 5 YR Treasury 4.337 +0.011 7 YR Treasury 4.401 +0.014 10 YR Treasury 4.456 +0.017 30 YR Treasury 4.608 +0.025 Pricing as of: 11/14 10:50PM EST Latest Video Wholesale inventories up 1.0% in February March PPI up 0.3% vs. up 0.1% est. CBO director: We're going to pay for the great deal of stimulus Around the Web consumerfinancemonitor.com CFPB issues annual complaint report Calculated Risk Blog Q1 Review: Ten Economic Questions for 2018 Calculated Risk Blog Philly Fed: State Coincident Indexes increased in 46 states in February NAR - Realtor.com Rising Home Prices Push Borrowers Deeper Into Debt CNBC House hunting? Here's how to win a bidding war CNBC Big banks have found a new way to stay in the subprime lending business Calculated Risk Blog Small Business Optimism Index decreased in March, "Difficulty of finding qualified workers" is Top Problem Bloomberg Fed's Kaplan Says Trade Issues With China Won't Resolve Soon CNBC US Treasury yields rise as trade war concerns abate consumerfinancemonitor.com FDIC to hold May 7 forum on use of technology in banking consumerfinancemonitor.com NJ creates "state-level CFPB" NPR Financial Analyst Says Most Consumers Don't Realize How Their Data Is Used Calculated Risk Blog Hotels: Occupancy Rate DownYear-over-Year

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