{"id":16447,"date":"2019-11-26T15:20:23","date_gmt":"2019-11-26T15:20:23","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=16447"},"modified":"2019-11-26T15:20:24","modified_gmt":"2019-11-26T15:20:24","slug":"mortgage-prepayments-climb","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/mortgage-prepayments-climb\/","title":{"rendered":"Mortgage Prepayments Climb"},"content":{"rendered":"

Mortgage Prepayments Climb<\/h1>\n
\"Mortgage<\/a>

Mortgage Prepayments Climb<\/p><\/div>\n

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Mortgage prepayments, a common gauge for housing and refinancing demand, jumped to its highest level since May 2013\u2014a good sign for the market, according to a new analysis from data and analystics firm Black Knight. Mortgage prepayments were at 1.81% in October, more than double the figure a year ago. That represents a 134% year-over-year increase, Black Knight reports.<\/p>\n

What\u2019s causing the improvement? Low mortgage rates are prompting more people to refinance their mortgage or buy a home. Consumers typically pay off previous loans when they buy a new home.The uptick is apparent: Existing-home sales increased 1.9% in October<\/a> to a seasonally adjusted annual rate of 5.46 million\u20144.6% higher than a year ago, the National Association of REALTORS\u00ae reported last week.<\/p>\n

While prepayments are rising, mortgage delinquencies decreased to 3.39% in October, which is just 3 basis points from a record low set in May. The lowest mortgage delinquencies are in Colorado, Washington, and Oregon, the report notes.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\u201cMortgage Prepays Surge to 6-Year High, Black Knight Says<\/a>,\u201d HousingWire (Nov. 25, 2019)<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mortgage Prepayments Climb Mortgage prepayments, a common gauge for housing and refinancing demand, jumped to its highest level since May 2013\u2014a good sign for the market, according to a new analysis from data and analystics firm Black Knight. Mortgage prepayments were at 1.81% in October, more than double the figure a year ago. That represents … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,9],"class_list":["post-16447","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-tips","item-wrap"],"yoast_head":"\nMortgage Prepayments Climb - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"As Mortgage Prepayments Climb, now might be a great time to contact me about a new mortgage or info on how to make prepayments to save you money.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/mortgage-prepayments-climb\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-prepayments-climb\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-prepayments-climb\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Mortgage Prepayments Climb\",\"datePublished\":\"2019-11-26T15:20:23+00:00\",\"dateModified\":\"2019-11-26T15:20:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-prepayments-climb\\\/\"},\"wordCount\":182,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-prepayments-climb\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/11262019.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-prepayments-climb\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/mortgage-prepayments-climb\\\/\",\"name\":\"Mortgage Prepayments Climb - 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