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
This week mortgage rates are looking fairly unchanged but high volatility could be on the horizon. Before we dive into our latest Mortgage Market Update, let’s review the basics of
Mortgage rates appear to have fared unexpectedly well for the previous year. Reflecting back on 2019, it’s clear that last year’s mortgage market was the best since the height of
Mortgage rates are never constant, and even if they remain fairly consistent, a variety of economic factors can sway them. In this week’s mortgage market update we look at how
This week’s Mortgage Market Update will look at what’s keeping rates trending neutral, how rate movement is expected to change in the upcoming week and how drastically rates may change.