• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

U.S. Mortgage Delinquency Levels Drop Significantly

Mortgage delinquencies, defaults and foreclosures have been an absolute drag on the United States economy since the bursting of the housing bubble years ago. As the housing market recovers, however, the number of borrowers unable to make payments or hold on to their homes is thankfully diminishing. According to a recent report published by mortgage analytics and servicing firm Lender Processing Services (LPS), an improvement in monthly payments was observed from

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U.S. Real Estate Faces Lowest Inventory in More Than a Decade

Residential real estate has gone from dismal to a sellers’ market in just over a year. Once home prices stopped finally declining in early 2012, investors picked up their pace of acquisition in regional markets that where particularly affected by the housing downturn: Phoenix, Las Vegas, South Florida, and various markets in California. Inventories in those markets quickly tumbled, but that same situation is spreading to other metropolitan areas. According to

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Foreclosures Starts Drop to 71-Month Low

RealtyTrac has released its U.S. Foreclosure Market Report for November 2012, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 180,817 U.S. properties in November, a decrease of three percent from October and down 19 percent from November 2011—marking the 26th consecutive month with an annual decrease in foreclosure activity. The report also shows one in every 728 U.S. housing units with a foreclosure filing during the

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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