Higher defaults in 4Q follow storms and historic low rates

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US GDP: Big and beautiful- ING By Sandeep Kanihama According to James Knightley, Chief International Economist at ING Friday’s US GDP report should support the case for a December interest rate.

Mortgage rates moved higher by a measurable amount today–the first time they’ve done such a thing in nearly a month! Even after the modest increase, March is still on track to be the best month for.

After the storm: higher defaults in 4Q. 0. February 12, 2018. Categories. those increases followed what had been a historic low of 4.24% in. Borrowers with Federal Housing Administration loans were particularly affected by the storms, as the overall rate increased 98 basis points and the.

Gen-X renters have significantly weaker credit profiles than homeowners California’s New Renting Trends Are Set to Change the Multifamily Industry’s Focus Renting trends have taken a new turn during the last decade with more and more people shifting from owning a home to renting one.

oil prices extend losses, wti falls more than $1 to session low of $58.38 a barrel Reuters in 6 min U.S. banks play cat-and-mouse game with Fed on capital returns

Consumer outlook not to blame for slowing existing-home sales I do not think that the vast majority of consumers are holding off purchasing a vehicle because they are waiting for a truly driverless car. Regarding slowing retail sales, that is just another sign of a slowing economy. Expect 2% gdp growth this year, and probably a little less next year.

Severe storms will focus from northeastern New Mexico and the Texas Panhandle to southwestern Nebraska and southeastern Wyoming into Monday evening. "In this area of the High Plains, storms may.

In its first two weeks of operation in Nebraska, the Federal Emergency Management Agency has approved more than $8 million in individual and household disaster assistance to those hit hardest by.

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New home loan application volume drops for first time in 2017 The Mortgage Bankers Association’s (MBA’s) Market Composite Index, a measure of loan application volume was down for the third consecutive week, falling by 2.5 percent on a seasonally adjusted.

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The delinquency rate was up 29 basis points from the previous quarter, and was 37 basis points higher than one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.