ICE Mortgage Monitor shows affordability improving, but Cotality reports escrow costs up 45%, offsetting gains with rising taxes and insurance.
Byron Lazine, Tom Toole, and Lisa Chinatti discuss rising inventory and home prices, confusing headlines, home price increases, an increase in mortgage applications, predictions on the Fed’s next move, and why 2023 is nothing like 2008.
Black Knight, Inc. reported their “first look” at December’s month-end mortgage performance statistics, showing a drop in 2022 mortgage delinquencies for the year while prepayments reached a third consecutive record low.
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