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
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
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.
Good news: fewer homeowners are seeking mortgage forbearance
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
Mortgage Market Update – June 9, 2020
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
Mortgage forbearance requests slide
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
Things to think about and questions to ask before jumping into forbearance
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
Closing escrow during the pandemic: the new normal
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