Loan Performance Insights – November 2023
Although 15 states saw small overall mortgage delinquency rates increase annually in September, national performance remains strong.
Home / Archives for Economy Team / Page 4
The Office of the Chief Economist works on critical research and insights to gauge the temperature of the housing market as a whole. From home price analyses to home equity, from loan performance to single family rent evaluations, they keep tabs on the movement and fluctuation of bellwether metrics that can inform the trajectory of the housing economy–and consequently affect the homeowners who participate in it.
Although 15 states saw small overall mortgage delinquency rates increase annually in September, national performance remains strong.
In September, U.S. rental costs were up by 2.6% year over year, the lowest growth rate recorded in about three years.
U.S. annual home price growth moved up to 4.5% in September, the highest appreciation recorded since early 2023.
A healthy job market continues to boost mortgage performance, with serious delinquencies falling to a 24-year low in August.
While annual U.S. single-family rent increases continued to relax in August, tenants are still feeling the long-term pinch.
On this Friday the 13th, CoreLogic explores haunted mansions, former speakeasies and famous cinematic locales that are associated with paranormal activity and general creepiness.