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Posts Tagged ‘ Level ’

MBA: Mortgage Delinquency Rate in Q2 at Lowest Level Since 2000

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MBA: Mortgage Delinquency Rate in Q2 at Lowest Level Since 2000

From the MBA: Delinquencies and Foreclosures Continue to Decline in Q2 2017 The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.24 percent of all loans outstanding at the end of the second quarter of 2017.  The delinquency rate was down 47 basis points from the...
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Black Knight’s First Look at July: Foreclosure Inventory at Lowest Level Since 2007

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Black Knight’s First Look at July: Foreclosure Inventory at Lowest Level Since 2007

From Black Knight: Black Knight Financial Services’ First Look at July Mortgage Data: Foreclosure Inventory Down 24 Percent Year-Over-Year; Lowest Level Since 2007 According to Black Knight’s First Look report for July, the percent of loans delinquent decreased 2% in July compared to June, and declined 16.5% year-over-year. The percent of loans in the...
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Yellen: Expect Rate Hike in 2015, Several Years before Fed Funds Rate “back to normal” level

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Yellen: Expect Rate Hike in 2015, Several Years before Fed Funds Rate “back to normal” level

From Fed Chair Janet Yellen: The Outlook for the Economy f the economy continues to improve as I expect, I think it will be appropriate at some point this year to take the initial step to raise the federal funds rate target and begin the process of normalizing monetary policy. To support taking this...
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Homeownership falls to lowest level since 1998

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Homeownership falls to lowest level since 1998

The homeownership rate dropped to 66.4% in the first quarter, the lowest level since 1998, according to the Census Bureau. The rate is down from 67.1% one year ago, and a single basis point dip from the previous quarter. But it has not been this low since the fourth quarter of 1998. Paul Dales,...
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Freddie Mac survey shows mortgage rates at highest level since August

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Freddie Mac survey shows mortgage rates at highest level since August

Mortgage interest rates increased for the first time in two months to move away from historic lows while remaining considerably lower than a year ago. Freddie Mac said its Primary Mortgage Market Survey showed the average 30-year, fixed-rate mortgage rose to 4.39% this week from 4.17% a week earlier. The average rate for the...
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Unemployment Rate and Level of Education

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Unemployment Rate and Level of Education

Another graph by request … Click on graph for larger image in new window.This graph shows the unemployment rate by four levels of education (all groups are 25 years and older). Note that the unemployment rate increased sharply for all four categories in 2008 and into 2009. Unfortunately this data only goes back to...
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