WalletHub recently released a rundown of the most-current state of affairs in 2020’s housing market. The data provide a comprehensive guide to help all those looking to jump into the market to make wise and informed decisions, be they real-estate ...
Read More »National Delinquency Rate Improves for First Time Since January
However, mortgages that are 90 or more days past due was at its highest level since early 2011.
Read More »Foreclosure Filings Slowing in 2020
Data shows that just 0.12%—one of every 824 properties—filed for foreclosure during the first half of the year.
Read More »Share of Mortgages in Forbearance Drops
The decline is attributed to a recovering economy and an improved labor market.
Read More »‘Storm Clouds’ Gathering Over the Housing Market
A new study reveals the counties that are at most risk for foreclosure due to the impact of COVID-19.
Read More »Forbearance Plans See Largest Drop Since Start of Pandemic
One economist called the dip “an encourage sign of continued improvement,” driven mostly by many plans expiring at the end of June.
Read More »FHA, FHFA Announce Extended Assistance for Homeowners
The Federal Housing Finance Agency (FHFA) announced that the GSEs—Fannie Mae and Freddie Mac—will extend several loan origination flexibilities until August 31. These flexibilities were set to expire on July 31, 2020. Extended flexibilities include: Alternative appraisals on purchase and ...
Read More »Unemployment Claims Rise to 3.2M
While data showed there was a slight decline for the week of July 4, analysis of the report by Fannie Mae says the market is still seeing a “significant degree of disruption” from COVID-19.
Read More »Renters’ Homeownership Hopes Delayed
How many of prospective homebuyers have been deterred by COVID-19?
Read More »Pandemic Policies and African American, Hispanic Borrowers
Research found minority households are more likely to lose income and face housing insecurity due to the pandemic.
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