Mortgages

How Millennials Are Keeping The Housing Market Alive

Published by FOX Business | April 13, 2022 The real estate market isn’t dead despite rising mortgage rates, one market expert says “What we’re still seeing is really strong demand in the housing market because of the shortage of houses that were built over the last eight or so years,” Advisors Capital Management partner Joanne Feeney told FOX …

How Millennials Are Keeping The Housing Market Alive Read More »

Mortgage Rates Are Surging Faster Than Expected, Prompting Economists to Lower Their Home Sales Forecasts

Published by CNBC | March 23, 2022 The 30-year fixed mortgage loosely follows the yield on the 10-year U.S. Treasury, which is now at the highest level since May 2019. The average rate on the popular 30-year fixed mortgage hit 4.72% on Tuesday, moving 26 basis points higher since just Friday, according to Mortgage News Daily. …

Mortgage Rates Are Surging Faster Than Expected, Prompting Economists to Lower Their Home Sales Forecasts Read More »

Weak Mortgage Demand Could Get a Big Boost Amid Ukraine Crisis

Published by CNBC | March 2, 2022 While mortgage rates rose to the highest level in two years last week, they have since fallen quite sharply due to the war in Ukraine. Mortgage demand stalled last week, as interest rates hit a multi-year high, but that will likely change quickly. Rates are now falling fast …

Weak Mortgage Demand Could Get a Big Boost Amid Ukraine Crisis Read More »

FORBES: Foreclosure Activity Falls To The Lowest Level Since March 2020

Published by Forbes.com | January 11, 2022 CoreLogic, a global property information provider, today released its monthly Loan Performance Insights report for October 2021. For October, 3.8% of all mortgages in the United States were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3 percentage point decrease compared to …

FORBES: Foreclosure Activity Falls To The Lowest Level Since March 2020 Read More »

Thousands could soon lose – or sell – their homes as Covid mortgage bailouts expire

Published by CNBC Business, Real Estate | December 2, 2021 The bailouts allowed millions of homeowners to miss payments, some for up to 18 months. Hundreds of thousands of homeowners could soon lose or sell their homes as Covid-related mortgage bailout programs expire. The federal government, big banks and mortgage servicers started emergency programs when …

Thousands could soon lose – or sell – their homes as Covid mortgage bailouts expire Read More »

Foreclosure Activity Sees 6th Consecutive Increase in Q3

Published by FOX Business | November 19, 2021 After the federal foreclosure moratorium ended in July, and the eviction moratorium closed in September, the number of foreclosures has been growing. Foreclosure activity saw an uptick in October, marking the sixth consecutive month of annual increases, according to the October 2021 Foreclosure Market Report from ATTOM Data Solutions. …

Foreclosure Activity Sees 6th Consecutive Increase in Q3 Read More »

FHFA: Desktop Appraisals to Become a Permanent Option

Published by REALTOR Magazine | October 19, 2021 The physical presence of an appraiser is no longer necessary to determine a home’s value. The Federal Housing Finance Agency will accept appraisals conducted remotely—without the physical presence of an appraiser—starting in early 2022 for qualifying Fannie Mae– or Freddie Mac–backed mortgages. The government-sponsored enterprises will use …

FHFA: Desktop Appraisals to Become a Permanent Option Read More »

Powered by WishList Member - Membership Software

Scroll to Top
Malcare WordPress Security