Knight Data News Today

Welcome back to Holland & Knight's monthly data privacy and security news update that includes the latest in policy, regulatory updates and other significant developments.

Black Knight’s Mortgage Monitor for December highlights a continuation of recent home price declines, an overview of current loan performances, rate lock activity, and buyer use of buydowns. December saw the sixth straight monthly decline in Black Knight’s Home Price Index (HPI). The seasonally adjusted index fell 0.45 percent from November , roughly on par with the 0.48 percent average decline over those six months. The unadjusted index was down 0.87 percent. December’...

Beneath the rosy claims of an 'improving economy' from Joe Biden and his Democratic congressional majority is a rising housing crisis that looks set to rival the market collapse circa [...]

Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their home in 2022.

The historic surge in home prices during the first two years of the Covid-19 pandemic is quickly reversing course.

A new study by House Method said that the majority of U.S. homeowners who have undertaken a home renovation found the time and money they spent on the projects to be worth it.

Inflation is expected to continue “to decline across all horizons” over the next year while home price growth, too, is projected to decline “sharply” to the lowest level since July 2020, per a new survey from the Federal Reserve Bank of New York.

Black Knight Inc. released its latest Mortgage Monitor Report, showing that the deceleration in home-price growth on which the company has been reporting in recent months has shifted to an actual decline. July’s month-over-month decline represents the first contraction in nearly three years. 

Home prices are cooling in the U.S. thanks to a sharp drop in housing demand in June spurred by rising inflation and mortgage rates. Although home prices remain higher than they were one year [...]

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero