Mid-Month Forbearance Pattern Repeats; More On Mortgage Rates’ Ticking Clock; Freddie Adopting SOFR
There was an increase in the number of loans in forbearance over the last week as the share within all lender portfolios, even the GSEs’, moved higher. Black Knight said, however, that an uptick in mid-month has become common, generally driven by fewer borrowers exiting their plans. This was true this past week as well. […]
Second Century Ventures Accepting Applications for 2021 REACH & REACH Commercial Classes
Applications Open for 2021 REACH Classes REACH offers education, mentorship and exposure for technology companies working to scale their businesses across the U.S. Media Contact: Wesley Shaw 202-383-1193 Commercial & Investment Real Estate, Technology
2020 Real Estate Forecast Summit
On December 10th, 2020, NAR held a virtual economic and real estate summit that provided a year-end review and outlook on the post-election real estate market and the economy. www.nar.realtor – Research
80% Annual Decline in Foreclosures Show Prevention Measures are Working
The various types of foreclosure filings – default notices, scheduled auctions, and actual lender repossessions – declined in November. RealtyTrac, a subsidiary of ATTOM Data Solutions said the aggregate of these legal actions totaled 10,042 during the month. This is a decline of 14 percent from October and 80 percent from a year earlier. Much […]
Housing Affordability Declines in October 2020 Amid Surging Home Prices
Affordability declined in October compared to September as the median family income rose by 3.3% while the median home prices grew by 16.0%. www.nar.realtor – Research
Is Homeownership Good for Our Neighborhoods?
According to a recent NAR study, a majority of Americans believe that homeownership is good for our nation’s communities. www.nar.realtor – Real Estate Story Ideas
Create Advertisements with Fair Housing in Mind
REALTORS® advertise their services every day in a variety of mediums. Avoid violating the Fair Housing Act by incorporating these best practices into your advertisements. www.nar.realtor – Fair Housing
U.S. Sees Rise in Appetite for Single-Family HomesEspecially of the Luxury Variety
The latest housing data underlines the increasing desire for buyers to upgrade to larger homes with more amenities. The post U.S. Sees Rise in Appetite for Single-Family Homes-Especially of the Luxury Variety appeared first on Real Estate News & Insights | realtor.com® ….(read more) Forward this article via email: Send a copy of this story to […]
Restaurant industry loses jobs for the first time since April as new restrictions hit employment
The restaurant industry lost jobs for the first time since April as new restrictions to fight the coronavirus pandemic weighed on sales….(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it. Around The Web
Mortgage Rates Well-Protected From Jobs Report Volatility
Posted To: Mortgage Rate Watch Tomorrow brings the month’s most important economic report: the Employment Situation, often referred to simply as “the jobs report.” No other piece of economic data has remotely the same track record of inspiring movement in the bond market (which, in turn, inspires movement in interest rates). But not all interest […]