Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending June 2, the first weekly decrease since the CARES Act went into effect, according to data released Friday. Continue reading
Despite sales falling in many other states across the nation amidst the COVID-19 crisis, Iowa real estate has managed to achieve the opposite. Continue reading
The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading
Mortgage applications activity increased by 15.3 percent and the refinance index increased 26 percent during the week ending March 27. Continue reading
Fannie Mae, Freddie Mac and the Federal Housing Administration increased their loan limits to $510,400 and $331,760, respectively. Continue reading