Monday, February 3, 2020

Black Knight Mortgage Monitor for December; "Home-price-growth rate gained steam"

Black Knight released their Mortgage Monitor report for December today. According to Black Knight, 3.40% of mortgages were delinquent in December, down from 3.88% in December 2018. Black Knight also reported that 0.46% of mortgages were in the foreclosure process, down from 0.52% a year ago. This gives a total of 3.86% delinquent or in foreclosure. Press Release: Black Knight Mortgage Monitor: Low Interest Rates Make Housing Most Affordable in Two Years Despite Accelerating Price Growth; Buying Power Up 16% since Late 2018 Today, the Data & Analytics division of Black Knight, Inc.......(read more)
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