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CoreLogic Econ

LATEST CORELOGIC ECON TWEETS

The Wrong Way. Or the Right of Way

Inside the Underground World of Right of Way

Matt Karli    |    Insurance

Perfect World Scenario

Building and maintaining the pipelines that carry natural gas and crude oil is a vital component to providing the energy that runs our world. While the nation’s 2.6 million miles of pipelines have proven to be the safest way to convey petrochemicals, transporting hazardous materials is difficult and requires unwavering attention to detail at every step—from initial route planning...

How Much is Left to Refinance?

Most Mortgages Have Rates Close to or Below Current Market Rates

Molly Boesel    |    Market Trends

Current Mortgage Rates of Active Loans

With Mortgage rates expected to rise this year[1] what will happen with refinancing? How much is left to refinance?

CoreLogic tracks the current interest rates on outstanding mortgages in its servicer-contributed database. The accompanying chart shows the share of outstanding mortgages by interest rate bucket for both the...

The value of construction work done continues to fade

Cameron Kusher    |    International

Value of construction work done

The Australian Bureau of Statistics released construction work done data for the March 2016 quarter earlier today. The data set looks at the value of construction work completed over the quarter and is an input to the national accounts (GDP) data.

Over the quarter, the value of construction work done was $47.928 billion which was down -5.5% over the quarter and -7.2 percent...

Far Fewer Low Credit Score Applicants Than Before Housing Crisis

If Credit Underwriting Has Tightened, Why Have Denial Rates Fallen?

Archana Pradhan    |    Market Trends

Compared with a decade ago, single-family home-purchase originations have declined significantly. There were 11.7 million loan applications for single-family home-purchase mortgages in 2005, which plunged to 3.6 million in 2011 (lowest in the decade), and rose to 4.6 million in 2014. The decline in number of applications from 2005’s peak to 2014 represents an overall drop of 60 percent...

The San Andreas – Locked, Loaded and Ready to Go

Seismologist warns the “Big One” is Imminent

Susan Williams    |    Insurance

San Andreas Fault

In his recent keynote at the National Earthquake Conference, Thomas Jordan, director of the Southern California Earthquake Center declared that, “The springs on the San Andreas system have been wound very, very tight. In particular, the southern San Andreas fault looks like it’s locked, loaded and ready to go.” The San Andreas Fault system is the boundary between the...

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