Archive for Corelogic

S&P CoreLogic Case-Shiller Index at All-Time High

Posted by Michael Bates on August 30, 2017

S&P Dow Jones Indices has released the latest results for the S&P CoreLogic Case-Shiller Indices, which shows that in June 2017, home prices continued their rise across the country. The index, which covers all nine U.S. census divisions, reported a [Read More]

Is the Adjustable-Rate Mortgage Making a Comeback?

Posted by Archana Pradhan on August 28, 2017

During the past decade, home buyers have mostly preferred fixed-rate mortgages (FRMs) over adjustable-rate mortgages (ARMs). Proof of this is the precipitous drop in the ARM share of the dollar volume of originations, from almost 45% during mid-2005 to a [Read More]

Mortgage Origination Volume Jumped Sharply from 2015 to 2016

Posted by Molly Boesel on August 25, 2017

A CoreLogic analysis of public records data showed that the dollar volume of all mortgages – purchase and refinance combined – originated in 2016 was nearly $2 trillion, representing a 15% increase over 2015 volumes. The number of all mortgages [Read More]

May Delinquency Rate Lowest In Almost 10 Years

Posted by Michael Bates on August 08, 2017

According to CoreLogic’s latest Loan Performance Insights Report, 4.5% of U.S. mortgages were in some stage of delinquency in May 2017, representing a 0.8 percentage-point decline in the overall delinquency rate compared with May 2016, when it was 5.3%. Notably, [Read More]

CoreLogic: Mortgage Delinquencies Continue to Decline

Posted by Michael Bates on July 12, 2017

The most recent monthly Loan Performance Insights Report from CoreLogic shows that, nationally, 4.8% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in April 2017. This figure represents a 0.5 [Read More]

Home Prices ‘Up Strongly’ According to Newest Data

Posted by Michael Bates on July 05, 2017

According to the CoreLogic Home Price Index (HPI) and HPI Forecast for May 2017, home prices are up strongly both year over year and month over month, increasing 6.6% since May 2016 and 1.2% from April to May. “The market [Read More]

S&P/CoreLogic: Home Prices Continue Upward Trajectory, with 5.5% Annual Gain

Posted by Amanda Fava on June 28, 2017

Home prices continued trending upward across the country during the last 12 months, according to the S&P/CoreLogic Case-Shiller Indices, which reported a 5.5% annual gain in April – down from 5.6% the month prior. The 10-city composite annual increase came [Read More]

Mortgage Credit Risk Is Right Around The ‘Normal Baseline’

Posted by Michael Bates on June 21, 2017

CoreLogic’s first-quarter 2017 Housing Credit Index (HCI) – a measurement of trends in six home mortgage credit-risk attributes – increased to 105.6, up 3.6 points from Q1 2016. But even with this increase, the level of credit risk in Q1 [Read More]

Mortgage Delinquencies Dropped To A 10-Year Low In March

Posted by Michael Bates on June 14, 2017

CoreLogic’s most recent Loan Performance Insights Report shows that, nationally, 4.4% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in March 2017. This represents a 0.8-percentage-point decline in the overall [Read More]

CoreLogic: Almost 9 Million Borrowers Have Regained Equity

Posted by Michael Bates on June 12, 2017

CoreLogic’s first-quarter (Q1) 2017 home equity analysis shows that U.S. homeowners with mortgages (about 63% of all homeowners) have seen their equity increase by a total of $766.4 billion since the first quarter of last year 2016, representing an increase [Read More]