Hitting the lowest level since January 2000 is the early-stage delinquency rate, now at 1.7 percent. It fell by 0.2 percent in March 2017 from a year ago. Early-stage delinquency refers to those mortgage loans which are 30 to 59 days late. This data is according to the Loan Performance Insights Read more
Lowest Unemployment Rate Recorded in May
Settling at 4.3 percent, May set the lowest unemployment record in 16 years, thanks to the 138,000 new jobs added to the economy last month. Generally, unemployment fell by 0.5 point since January and the unemployed count declined to 774,000, approximately.Need financing? Let’s get you matched Read more
March Jobs Increase Fail to Meet Expectations
In a news release published by the Bureau of Labor Statistics on April 7, Friday, total nonfarm payroll employment increased by 98,000, a report almost half down of the 180,000 expected by experts. Industries that received a pronounced increase includes the professional, mining, and business Read more
Out of Work? You Can Still Refinance.
Being unemployed is a challenge. To refinance while out of work is even tougher but not entirely impossible. If you’re unemployed and need to refinance, don’t fret as you can still do refinancing to lower your monthly mortgage payment. We have outlined a number of options you can take in order to Read more
