Black Knight’s First Look: mortgage delinquencies buck Upward Seasonal Trend in April, Fall to Second Lowest Point in 12 Years. Areas impacted by Hurricanes Harvey and Irma led April’s.
JACKSONVILLE, Fla. – May 22, 2018 – Black Knight, Inc. (nyse:bki) reports the following "first look" at April 2018 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
Press Release Black Knight’s First Look: Strong April Mortgage Performance Pushes National Delinquency Rate to New Record Low; Prepayment Activity Continues to Rise
Mortgage Industry News Return to Mortgage Industry News Fueled by Low Rates, Prepayment Rate Continues to Rise . Tuesday, May 21, 2019. With interest rates remaining at 2019 lows and spring market home sales kicking in, the rate of prepayments continues to rise. Black Knight, in its "first look" at April mortgage performance data, says the rate is up 17.54 percent from March and 17.65.
Black Knight’s First Look: Bucking Historical Seasonal Trend, February Sees Delinquencies Rise; Prepayments Up 11 Percent, Driven by Softening Interest Rates PR Newswire March 21, 2019
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Black Knight released their Mortgage Monitor report for May today. According to Black Knight, 3.36% of mortgages were delinquent in May, down from 3.64% in May 2018. Black Knight also reported that 0.49% of mortgages were in the foreclosure process, down from 0.59% a year ago.
Press Release Black Knight’s First Look: Bucking Historical Seasonal Trend, February Sees Delinquencies Rise; Prepayments Up 11 Percent, Driven by Softening Interest Rates
With mortgage rates remaining low and home sales on the rise, gushing in April, shooting up 17.7% annually and 17.5% from March. Mortgage prepayments rise and delinquencies fall in April, Black Knight says Loan delinquencies are at the lowest level on record.. black knight: Home prices rise 1% in April from March.
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But a first look at mortgage data from April by Black Knight reveals a jump in performance with a record low for delinquencies of 3.47%, following the strongest improvement for April (more than 5%.