U.S. Remodeling Market Confidence Index Declines in Q2

According to the National Association of Home Builders latest NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, the index posted a reading of 77, declining 10 points compared to the second quarter of 2021.

U.S. Mortgage Industry Reacts to Federal Reserve's FOMC Statement

The Mortgage Bankers Association SVP and Chief Economist Mike Fratantoni issued the following comments in reaction to the Federal Reserve's recent FOMC statement on monetary policy and the economy

Commercial, Multifamily Mortgage Delinquency Rates Remained Low in Late 2021

According to the Mortgage Bankers Association's latest Commercial-Multifamily Delinquency Report, U.S. commercial and multifamily mortgage delinquencies declined in the fourth quarter of 2021.

Overall Annual Mortgage Delinquency Rates in U.S. Dips

Based on CoreLogic's latest monthly Loan Performance Insights Report for April 2021, 4.7% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 1.4-percentage point decrease in delinquency compared to April 2020

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