January 2022

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Pandemic Related Predictions for High Real Estate Foreclosures in 2021 Did Not Materialize

Pandemic Related Predictions for High Real Estate Foreclosures in 2021 Did Not Materialize

According to a Mortgage News Daily article (link is below) ATTOM Data Solutions, a provider of real estate and property data, recently released statistics that foreclosure activity in 2021 was at the lowest level since they started tracking in 2005. This is in stark contrast to many who predicted a Tsunami of real estate foreclosures would occur in 2021 due to the Pandemic.

January 20, 2022 Notary Near You No comments
Notary Near YouPandemic Related Predictions for High Real Estate Foreclosures in 2021 Did Not Materialize
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Refinance Index is 50 Percent Lower than Same Week in January Last Year

Refinance Index is 50 Percent Lower than Same Week in January Last Year

According to the Mortgage Bankers Association (MBA) Market Composite Index, the Refinance Index is 50 percent lower compared to the same week one year ago, in January 2021. During the same week there was a small uptick over last year in purchase mortgage activity.

January 20, 2022 Notary Near You No comments
Notary Near YouRefinance Index is 50 Percent Lower than Same Week in January Last Year
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