Experts are predicting an above-normal number of hurricanes this year. These severe storms can lead to ongoing financial trauma, including elevated mortgage delinquency rates.
CoreLogic Chief Economist Dr. Frank Nothaft shares an overview of the effect of inflation rates on the cost of rent in the U.S.
An unexpected side effect of the pandemic has been the extraordinary rise in home prices during 2021. This trend has increased the need for jumbo loans in 2021, spurring the largest issuance since 2007.
New home sales trends are occurring in areas with lower cost-of-living, lower population density and nearby outdoor amenities.
<!-- wp:paragraph --> <p>The U.S. has experienced record annual home-price growth with faster appreciation for detached houses than attached homes. A similar pattern has occurred for rent growth, and that experience is not unique to the U.S.</p> <!-- /wp:paragraph -->
Much like other parts of the U.S. economy, commercial property sales fell when the pandemic began.
Home equity – the difference between the value of a home and the amount of mortgage debt on the home – is an important component of overall household wealth.
In examining inflation, replacing Owners' Equivalent Rent with the CoreLogic Single-Family Rent Index reveals that core inflation may be much higher than reported.
Mortgage rates hit a record low in the U.S. at the beginning of 2021. While each of us may see the pick-up in price growth in our neighborhoods, that experience is not unique to Americans.
In 2020, in the span of six weeks, Hurricanes Laura and Delta made landfall 12 miles apart, together taking nearly 100 lives and decimating southwest Louisiana. A look back at the effects of these two hurricanes on the Lake Charles metro shows the potential effects on properties.
With mortgage rates declining to ever new lows during 2020, the mortgage market had the largest number of originations in 17 years. The volume was driven by no-cash-out refinance: more than one-half of the originations, and 4-in-5 refinance loans, were no-cash-out during 2020.