Forbearance rate drops for seventh week in a row
At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June. Continue reading
At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June. Continue reading
After throwing in the towel on a $2.7 billion merger, Genworth considering spinning off its mortgage insurance division. Continue reading
With the pandemic’s impact on homeowners still uncertain, Secretary of Housing Marcia Fudge says a cautious approach is warranted for now. Continue reading
There’s a wealth of low down payment options for millennials and first-time homebuyers if you know your clients and where to look. Here’s how to guide them through the plethora of options available to them. Continue reading
What’s your biggest challenge with financing? From inventory shortages to lackadaisical buyers to lender confusion, here are the biggest issues readers are seeing. Continue reading
Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece th… Continue reading
It’s been a long, strange year, but that doesn’t mean we don’t have ample reasons to give thanks. Here are a few thing all agents can be thankful for this Thanksgiving. Continue reading
National Association of Realtors leaders struck a celebratory tone at NAR 360, the trade group’s kick-off event for its annual Realtors Conference & Expo Thursday. Continue reading
A decade after the Great Recession, the federal government wants to lure banks back into the Federal Housing Administration program that caters to first-time homebuyers, and this week announced regulatory changes meant to make that program more appealing. Continue reading
The Trump administration Thursday released a long-awaited plan to overhaul the way the U.S. government helps homeowners. Separate guidance from the U.S. Department of Housing and Urban Development and the United States Department of the Treasury includ… Continue reading