Tag Archives: Employment

After the addition of nearly four million jobs nationwide in the last year, CoreLogic reports that a solid job market continues to help borrowers pay their mortgages on time, pushing the overall mortgage delinquency rate to a historic low in May.

In its Quarterly Forecast, Freddie Mac predicts that continued inventory issues will keep the housing market competitive in Q1.

The number of homeowners in forbearance plans fell further in December, as the MBA estimates that just 705,000 U.S. homeowners are currently in some stage of forbearance.

According to a new report, consumer opinions are shifting when it comes to buying and selling homes. Click through to read the GSE’s findings.

Housing experts weigh in on the latest unemployment data as many states still feel a backlog in claims.

According to Mike Swell, co-head of global fixed income portfolio management at Goldman Sachs Asset Management the residential housing market will be correlated to the jobs market.

Three months after hitting a record low in January 2020, the national delinquency rate is now at its highest level since 2013. Click through to find out which cities experienced rises beyond the national average.

With unemployment at record levels, many need to put off mortgage payments through forbearance. However, can unemployment numbers predict the number of homeowners taking advantage of these programs? 

Here's why Doug Duncan, Chief Economist at Fannie Mae, called the latest unemployment data "difficult to interpret."

As insured unemployment hits record levels, Redfin has announced that it will cut 7% of its staff due to decreased housing demand amid the COVID-19 crisis.