General

Activity in the U.K. housing market has slumped since the Brexit vote and property professionals are predicting price falls across the country.

A new survey is showing weaker traffic at open houses and less interest in taking on a mortgage.

Home features that have the greatest impact on reconstruction cost

Reconstruction cost, not market value or assessed value, is used by insurers to determine homeowner coverage limits and is an important factor in determining a policy’s premium. Because of the many variables involved, the estimating tools that insurers use to arrive at reconstruction costs have become much more sophisticated in recent years. 

At its most basic, the purpose of a homeowner’s policy is to restore the home and possessions to the way ...

National Foreclosure Inventory Down 25 Percent Year Over Year

• The foreclosure inventory fell 25 percent year over year in May 2016.
• The inventory of mortgages in serious delinquency fell 21.6 percent year over year in May 2016.
• All states except North Dakota had a year-over-year decrease in the serious delinquency rate, but the increase was minimal.

The national foreclosure inventory – the number of loans in the foreclosure process – fell 24.5 percent year over year in May 2016, according to the latest ...

“Winners and Losers”

The world has now had a couple of weeks to get over the shock of Brexit or the decision of Britain to exit the European Union. As week-three begins, global equity, debt and currency markets have stabilized. What does Brexit mean for the US mortgage and real estate markets for the next few months?

Here’s a quick rundown on potential winners and losers in the mortgage and real estate industries.

Winners

The US Mortgage industry. That’s because the flight to safety ...

After a week of woes for UK commercial property funds, analysts and industry experts have pointed to a flaw in the design of these funds.

First-time home buyers may be excited that U.K. house prices could soon fall in the wake of the Brexit vote. But it’s not all good news for potential home buyers.

The appetite for U.S. real estate continues to flourish, but foreign buyers are shifting from luxury to less-pricey properties.

A Brexit bonus is spurring U.S. homeowners to refinance their mortgages.

Low rates will mean short-term pain for some large mortgage servicers as well as investors in mortgage-backed securities.