Author Archives: leonardrealestategroup

U.S. FORECLOSURES CONTINUE GRADUAL CLIMB AMID HIGHER HOUSING COSTS via themortgagepoint.com—According to ATTOM’s October 2025 U.S. Foreclosure Market Report, there were 36,766 U.S. homes with foreclosure filings—default letters, scheduled auctions, or bank repossessions—up 19% from a year ago and 3% … Read More

HOUSING MARKET IN ‘RECESSION’ Bessent Says Housing Market In ‘Recession,’ Urges Fed To Act Faster On Rates via themortgagepoint.com—Treasury Secretary Scott Bessent said in a Sunday interview that some sectors of the economy are in a recession or at risk … Read More

MORTGAGE RATES HIT 2025 LOW, OFFERING HOPE FOR A SLUGGISH HOUSING MARKET via themortgagepoint.com—Due to a decline in 10-year Treasury yields and heightened economic uncertainty brought on by the prolonged federal government shutdown, mortgage rates dropped Thursday, October 23, to … Read More