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
According to Down Payment Resource’s latest report, millennials and Gen-Zers were on track to hit their homebuying peak before April’s record layoffs. Continue reading
Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner discusses the housing shortage and what drives the price for new homes up. Continue reading
Chase Home Lending Chief Marketing Officer Amy Bonitatibus said the change would help Chase better focus on “existing customers.” Continue reading
In addition to allowing lenders to delay appraisals for up to 120 days after closing, the temporary rule also allows for desktop appraisals and other forms of assessment flexibility. Continue reading
Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner talks through the 30-year mortgage and how rates will move the rest of this year. Continue reading
The Mortgage Bankers Association said the decrease is due to stricter lending standards and increased likelihood of loan forbearance and defaults. Continue reading
Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner talks through the volatility of the jumbo mortgage market and what it means. Continue reading
Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they discuss changes in mortgage guidelines and other ways the real estate market is reacting to uncertainty. Continue reading
There’s no rhyme or reason in the world why the homebuying and selling process should be so archaic, inefficient and painful for consumers. Whoever can race to address these issues first will dominate the future of the real estate business. Continue reading