All posts tagged: Notary Republic

Mortgage Delinquencies Nationwide Dropped Below Pre-Pandemic Levels

According to an article written by Jann Swanson for MortgageNewDaily.com  “The number of non-current loans has declined in every stage. Loans that were in the early delinquency, 30 to 59 days past due, represented 1.2 percent of loans in November, down from 1.4 percent the prior November and the rate of those 60 to 89 days delinquent was slashed in half, to 0.3 percent. Serious delinquencies, loans 90 days or more past due, including loans in foreclosure, which reached a high of 4.3 percent in August 2020, are now at a 2.0 percent rate, again only slightly more than half the rate a year earlier.”

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Notary Near YouMortgage Delinquencies Nationwide Dropped Below Pre-Pandemic Levels
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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.

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Notary Near YouPandemic Related Predictions for High Real Estate Foreclosures in 2021 Did Not Materialize
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Notary Near You with Answers About Property Taxes

The Joy of Home Ownership is certainly one of life’s great highlights, but the joy becomes mixed with questions and concerns when the property tax bill arrives in the mailbox. Homeowner’s understand property taxes provide needed funding for schools, libraries, police & fire departments, road improvements & other infrastructure.  

However, what many homeowners do not understand are the factors that may cause their property taxes to increase. If your property tax bill reflects an increase over last year, here are the most common reasons that may be the cause:

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Notary Near YouNotary Near You with Answers About Property Taxes
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