The coronavirus pandemic, a potential stimulus, and several other economic and political factors will all have the power to influence the mortgage market in the coming weeks. Let’s take a
Inventory drops as Texas home sales soar
Texas home buyers face tighter inventory as home sales skyrocket during the third quarter of 20202. The number of Texas homes that sold between July and September increased by nearly 19%
What Younger Home Buyers Want
Younger generations are now redefining the purpose of a home, and they are more serious about it than ever.
Recently YPulse conducted a marketing report called No Place Like Home in
Single-family housing starts jump in August
The real estate market has seen very tight inventories for some time, so August’s uptick in new single-family home starts is welcome news.
Single-family housing starts rose 4.1% to a seasonally
Mortgage Market Update – September 21, 2020
In this week’s mortgage rate summary, we’ll touch on the MBS market movements, their effect on volatility, and how COVID-19’s impact on the world is shaping the mortgage market.
First, let’s
Forbearance numbers continue to show improvement
The rate of forbearances (delaying the repayment of mortgage loans) are dropping, according to recent data released by Black Knight and Housing Wire.
HousingWire’s Kathleen Howley cites Black Knight in reporting
Home sales hit new high watermark during unusual times
As the nation continues to struggle against COVID-19, one industry appears to be seeing surprising growth. Home sales are hot right now, and even a pandemic can’t seem to slow
Numbers for mortgage forbearance applications drop
With the exception of the stock market, sometimes it’s good news when the numbers go down. According to the Mortgage Bankers Association (MBA), the number of mortgages in forbearance fell
Mortgage Market Update – August 11, 2020
In our latest Mortgage Market Update, we’ll take a look at how today’s mortgage rates are trending and what borrowers (and lenders) can likely expect in the days to come.
While much of the country stands still, home sellers reap profits
Second-quarter home sales are generating big profits for home sellers across the nation.
Many home sellers these days are raking it in, having gained, on average, a $75,971 profit on a