Markets

US home-mortgage delinquencies surge to the highest level in 9 years

US home mortgage delinquencies surged to the highest level since November 2011, according to a Monday report from Black Knight. Total borrowers more than 30 days late skyrocketed to 4.3 million in May from 3.4 million in April, the report showed. In addition, more than 8% of all US mortgages […]
US home-mortgage delinquencies surge to the highest level in 9 years
Markets

Millennials love this new housing community in a forgotten stretch of California thanks to its ultra-fast internet and dirt-cheap home prices

Millennials represent 36% of all homebuyers in the US today. A new housing community called New Haven in Ontario, California, reports a millennial homeownership rate of more than 50%. New Haven offers modest homes at prices from $US200,000 to $US500,000. California is no paragon of affordability, particularly when it comes […]
Millennials love this new housing community in a forgotten stretch of California thanks to its ultra-fast internet and dirt-cheap home prices