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.
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
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
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.
Forbearances, the vehicle by which many of the country’s unemployed have been able to delay their mortgage payments during the pandemic, are now dropping big time. According to Black Knight
In today’s Mortgage Market Update, we’ll look at how COVID-19 has affected economic systems, the housing market and the mortgage industry. Before we dive in, let’s take a quick refresher
As more people go back to work and can pay their bills during the COVID-19 shutdowns, mortgage holders’ requests for loan forbearance has slowed considerably as well, according to Housing
It’s not just a matter of taking the government up on its offer to postpone your mortgage payment. Doing so may find you in a murkier place than simply feeling
Congratulations, home seller. You were able to find a buyer during these crazy times. Closing escrow, however, is a little different than it once was.
Realtor.com’s Erica Sweeney speaks of how
At a certain point you become an adult and things like credit scores matter. Well, 2019 was the year FICO scores hit a record high, mostly driven by millennials who
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