Homeowners With Equity to Lose More Likely to Pay on Time

Published: 12/03/2019
Homeowners With Equity to Lose More Likely to Pay on Time
Source: WWW.MORTGAGENEWSDAILY.COM

Posted To: MND NewsWire Increasing home prices have the additional benefit of reducing mortgage foreclosures according to CoreLogic. The company's Loan Performance Insights report for December notes the 30+ day delinquency rate is at a 10-year low. Frank Nothaft, CoreLogic's chief economist says "Our latest home equity report found that the average homeowner saw a $9,700 increase in their equit

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