Tag Archives: latest

Almost 45% of homeowners are now equity rich Latest trend on home equity is good news for homeowners, challenging for first time buyers

Soaring home prices continue to serve existing homeowners, with nearly 45% of all property owners now considered equity rich, a year-over-year jump that boosted 13% more homeowners into the prime position. A homeowner is considered equity rich when they have at least 50% equity in their home, a feat more easily accomplished when skyrocketing home […]

Forbearances up in latest week, but down from last month

Forbearance has risen from a low reached earlier in March due to new activity and a processing lull in the private market, according to mortgage technology and data provider Black Knight. Overall, pandemic-related payment suspensions rose 1% by a net 8,000 plans to 726,000 on a consecutive-week basis during the week ended March 15. The […]