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While low inventory and high mortgage rates have put a strain on the affordability of homebuying as of late, Black Knight’s monthly Mortgage Monitor report points to lack of credit availability as another roadblock.
Lender and appraisal management companies can use Black Knight's Scout as part of the value acceptance plus property data process.
Annual home price growth shifted from deceleration to decline in July as the median home price fell 0.77% from June – the largest single-month decline since...
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.
The Black Knight Home Price Index shows the deceleration in home price growth has actually shifted to actual an decline in home prices.