New Foreclosures Hit a Record Low



According to an article in economic populist.org, Mortgage Monitor figures from Black Knight Financial Services show there were 595,235 home mortgages in the foreclosure process at the end of April. This equates to 1.17% of all mortgages. The figure is down from 630,766 at the end of March, which equated to 1.25% of all loans. […]

Mortgage Delinquencies Set to Decline Next Year



The amount of borrowers struggling to keep up with their mortgage payments has been predicted to decrease by the end of 2012, so long as the US economy doesn’t experience any more hiccups, according to the Associated Press. Mortgage delinquency rates, which are used to illustrate the ratio of borrowers that are more than 60 […]

Sign up Now and get our guide on Facebook for Real Estate Professionals for Free

Sign up to the Realty Biz News mailing list to get updates from our site and also get our guide to Facebook marketing for Real Estate professionals for free