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Commercial Market Still Weakened by Coronavirus Impact as of June 2020
NAR’s July 2020 Commercial Market Insights report shows that the commercial real estate sector continues to struggle as a result of the coronavirus pandemic. The hotel and retail property markets......

NAR Reaffirms Its Stand on Fair Housing in National Ad
...to fair housing amid social unrest around race, are an extension of NAR’s “That’s Who We R” marketing campaign. The association also is providing print and social media assets for members and......

Major Homebuilder Reports Record Sales in June
...do business,” Palmer told CNBC in an earlier interview in June. Low mortgage rates and a shortage of existing homes may be prompting more buyers to seek new construction. Taylor Morrison also......

How Much Lower Can Mortgage Rates Go?
...record at the time. “The summer is heating up as record low mortgage rates continue to spur homebuyer demand,” says Sam Khater, Freddie Mac’s chief economist. “However, it remains to be seen......

Mortgage forbearances drop by largest amount since CARES Act passed
...minus loans where the borrower starts paying again and claims paid on foreclosures — grew from 19,781 to 69,742 loans. MGIC reported 19,358 new notices of delinquency in June, compared with......

Underwater or upside-down mortgage: What to know and do
...to rise and fall, such as rising interest rates, high rates of foreclosures and short sales in your area, and natural disasters, Boies says. However, underwater mortgages usually occur during......

These Housing Markets Are Most At Risk For A Coronavirus-Driven Downturn
...the most at-risk areas in the country for wide-ranging defaults and home foreclosures as a result of the coronavirus, a new report by real-estate data firm ATTOM Data Solutions found.  As......

San Diego home prices forecast to drop, but not as much as nation
...is a strong indicator that there will be a slowdown in the housing market, especially considering the recent increase in COVID-19 cases. "Despite new contract signings rising year over year......

Current Mortgage Rates, July 10, 2020 | Rates fall
Expect Best/stocksnap.io Multiple key mortgage rates dropped today. The average rates on 30-year fixed and 15-year fixed mortgages both tapered off. ......

Current Refinance Rates, July 10, 2020 | Rates retreat
...see where rates are right now? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most current rates available. Here you can see the latest marketplace......

The Coming Housing Crisis Is Already Here
...those payments, they can lose their apartments or houses to evictions and foreclosures. Losing one’s home can further exacerbate other financial pressure , mainly because it becomes costlier......

Sarasota-Manatee home price growth at risk
...CoreLogic predicted for the area just one month ago. The region's housing market is among the 10 to 20 riskiest metro areas nationwide for price declines. Home prices nationwide are now forecast......

Home inventory shortage cuts into pending sales activity
Pending home sales declined the week of June 28, which is likely the result of a lack of inventory on the market to buy, Redfin said. Pending sales decreased 8.2%......

Do you feel like you belong at work?
...on unemployment claims by state, along with other useful economic indicators like mortgage rates, personal savings rates and consumer loans. Coffee break Virtual meeting fatigue is real. Just......

NAR Applauds Fair Housing, Transportation Funding in Appropriations Bill
...THUD’ funding bill seeks to confront these problems head on.” Last week, NAR sent a letter  to congressional leadership that called for “major increases” in fair housing and counseling funds......

Realtor.com® Reports Record-Breaking Traffic on Listings
...online. Total listings remain 31% below a year ago. “The consistent, record-level home buyer interest we’ve detected on realtor.com® over the last five weeks is setting up the tightest summer......

Mortgage Applications Keep Rising Above Last Year’s Levels
...home buyers are applying for loans, and they’re ready to close. Mortgage applications to purchase a home increased 5% last week and are now 33% higher than a year ago, the Mortgage Bankers Association......

North Texas home sales rebound after pandemic slowdown
After steep declines in April and May, North Texas home sales rebounded in June. Area real estate agents sold 16% more single-family homes than in June of 2019. The increase comes after a 25%......

How the coronavirus slashed mortgage lead prices and why it matters
...this segment since Stratmor began tracking this data," he said. When mortgage rates initially plummeted during the pandemic, multiple market participants observed an unprecedented drop in lead......

Mortgage rates fall closer to the 3% mark
Mortgage rates continued their slide, with the conforming 30-year fixed at its closest point ever to breaching the 3% mark, according to Freddie Mac. The 30-year fixed-rate mortgage averaged......

Mortgage Applications Surge 33% As Interest Rates Continue Record Lows
The pause in mortgage applications as the Covid epidemic took hold is looking like a mere blip in the distant past as buyer activity surges, according to the latest weekly data numbers. The Mortgage......

Mortgage Credit Availability Decreased in June Jul 9, 2020
...those with lower credit scores. Lenders are navigating a gradual economic and housing market recovery that is still facing headwinds from the ongoing COVID-19 pandemic," said Joel Kan, MBA's......

Current Refinance Rates, July 9, 2020 | Rates slide
...see where rates are right now? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most current rates available. Here you can see the latest marketplace......

Mortgage Rates Today, July 9, 2020 | Rates slide
karamysh/Shutterstock Several key mortgage rates sunk lower today. The average rates on 30-year fixed and 15-year fixed mortgages both ticked downwards. The average rate on 5/1 adjustable-rate......

Benchmark mortgage rate ticks up from record low
...financial or credit product or service. Share this page video: [embedded content] Mortgage rates  edged up from all-time low this week. The benchmark 30-year fixed-rate mortgage......