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How the Pandemic Impacted Interest in SFR Investing

All manner of the economy and industry has changed as a result of the COVID-19 crisis. A January article in Architectural Digest explores how the pandemic inadvertently has prompted an increasing interest in single-family rental investing. Interest rates in 2020 ...

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HECM Volume Up 37.5% in 2020

Fitch Ratings

Home Equity Conversion Mortgage (HECM) endorsements were up 15.1% year-over-year in December to 4,097 loans, according to new data from Reverse Market Insight. For calendar year 2020, HECM volume recorded an annualized increase of 37.5% to 44,661 loans. Eight of ...

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Migration, Low Rates Make Homeownership Attainable

While house prices are rising in a robust market, low interest rates are making homeownership more affordable than it was 20 years ago, according to the winter edition of "The Housing and Mortgage Market Review (HaMMR)," released Thursday by Arch ...

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Long-Term Unemployment Numbers Concern Economists

The employment report for December 2020 showed a loss of 140,000 jobs in December, the first decline since April, according to Friday's Employment Situation Summary from the Bureau of Labor Statistics. Professional and business services, leisure and hospitality, retail trade, ...

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