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No Stimulus Deal, But President Trump May Issue These Executive Orders
...the President issue executive orders in three areas: Enhanced unemployment benefits Rental foreclosures Student loans He didn’t provide specific details on what relief the President......

As Home Prices Rise, More Owners Become ‘Equity Rich’
...the second quarter of this year in yet another sign of the housing market punching back against the coronavirus pandemic,” says Todd Teta, chief product officer with ATTOM Data Solutions. “More......

August Poised for 2020 Homebuying Peak
...to August, according to a new realtor.com® report. Current growth in home sales, buyer demand, and housing prices have surpassed year-ago levels. Realtor.com®’s Housing Market Recovery Index......

New Record Low for 30-Year Mortgage Rate: 2.88%
...since it began tracking such data in 1971. “The resilience of the housing market continues as mortgage rates***H......

Lowest mortgage rates ever spur historic jump in bond supply
...new mortgage pool. Net supply, which comes primarily from new and existing home sales -- where the latter is sold at a higher price than its last sale -- is not out of line with recent annual......

Home buying sentiment falls in July over coronavirus concerns
With coronavirus infections re-surging, consumer confidence in the housing market hit a snag in July, according to Fannie Mae. After two months of build-ups , the Home Purchase Sentiment Index......

COVID-19’s Impact on Multifamily and Affordable Housing
...no place to call home? COVID-19 has heightened the inequality of the housing market, a crisis that this country will continue to experience even after the pandemic is over. Millions lack access......

The Housing Market Has A “False Sense Of Confidence,” One Expert Warns
Despite early predictions of an impending doom, the housing market has so far eschewed the dampener that the coronavirus pandemic has slammed onto other sectors of the U.S. economy. But with......

Zillow shares surge as pandemic drives buyers to embrace web
...pandemic also cut into the company's business. A freeze in the housing market at the beginning of the quarter led Zillow to offer discounts to real estate agents. As a result, the company’s core......

6 ways to boost your emergency fund in a pandemic economy
...hand might be more important,” Torres-Haddad says. 6. Refinance your home With mortgage rates dropping, Peterson points out, now might be the time to refinance. A former mortgage banker, Peterson......

Amid pandemic gloom, Las Vegas housing market 'on fire'
...June and an increase of 9% from July 2019. "The Las Vegas housing market is not just a bright spot in the economy, it's on fire," said Tom Blanchard, a local agent and the president of the......

Foreign home buys still falling in Texas and U.S.
...recent immigrants have become less of a force in the U.S. housing market over the last couple of years," Realtors Chief Economist Lawrence Yun said in the report. "A lack of housing inventory......

COVID-19 Creates Housing Boom
...

Instant Reaction: Interest Rates, August 6, 2020
...obtain, requiring very high down payments and a pristine credit history. The housing market is hot because of the lower mortgage rates, but the luxury market may remain soft due to jumbo loan......

With home prices skyrocketing in certain cities, buyers ask themselves: Is it even worth it?
...the Boston area. Huge affordability gaps have opened up in the American housing market over the past generation, which means Americans increasingly are analyzing whether buying a home in one......

Tenant Groups Step Up Protests to Fight Evictions
...a chain of events with potentially devastating financial and economic effects," NAR stated in a joint housing coalition letter sent to congressional leaders on July 31. Meanwhile, tenant groups......

Mortgage Applications Are 22% Higher Than a Year Ago
Mortgage applications to purchase a home are 22% higher than a year ago, but last week applications did dip compared to the previous week. Purchase applications week to week were down......

eXp Realty Sees Record-Breaking Second Quarter
...results with strong growth in all areas, despite initial impacts on the housing market from business restrictions related to COVID-19. eXp Realty always has pursued the minimum footprint required......

Mortgage credit rises in July, as ARMs, jumbos come back
...lenders saw conditions improve this summer, as forbearance requests flattened, and record-low mortgage rates spurred strong levels of purchase and refinance activity," Kan said. July's Mortgage......

Nationwide shortage of homes for sale, with California the epicenter
...that favors neither buyers nor sellers. The coronavirus reduced the number of home sales nationally. In California, the number of homes sold fell 13 percent from June 2019 to June 2020. But......

Mortgage rates hit new record low, may be nearing an inflection point
...benefits, the market took that as a pessimistic sign and it influenced mortgage rates downward.” At 2.88%, that rate was down slightly from 2.99% the previous week and represents a significant......

Mortgage rates hit another all-time low
If it seems like you keep hearing about mortgage rates hitting yet another record low, that's because you are. The 30-year mortgage rate just hit its eighth record low so far this year. The......

7 ways to make extra income in retirement
...may be an especially good time to invest in real estate, as mortgage rates are at historic lows. You may even be able to secure a mortgage rate under 3 percent . 3. CDs Investing in a CD is......

Mortgage equity report finds fewer homeowners are underwater
...the second quarter of this year in yet another sign of the housing market punching back against the coronavirus pandemic. More property owners rose into equity-rich territory and escaped the......

National MI beats expectations on 2Q earnings despite higher losses
...but not reported] assumption reflect a still favorable credit profile for the housing market and relatively low forbearance trends in our view," said Binner. NMI reported that it had 14,175......