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Mortgage Applications Increase in Latest MBA Weekly Survey Oct 28, 2020
) -  Mortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending......

Who needs office buildings? As home building surges, plans for shops, offices, hotels vanish: Exclusive
Even as the housing market booms, the outlook for the construction of shops, office buildings, hotels and other commercial structures has grown bleaker. And that could mean less economic activity......

Insider View: When Will The Hotel Industry Recover?
...on better financial footing. But, I expect to see the pace of foreclosures and asset sales to pick up early in 2021 and gain momentum throughout the next 12-18 months. In addition, not every......

30-Year Interest Rates for October 28, 2020 | Key rate drops
...include information about every financial or credit product or service. 30-year fixed mortgage rates The average rate for a 30-year fixed-rate mortgage is 3.03 percent, decreasing 1 basis......

The Pandemic Puts Pressure on OC’s Already Struggling Workforce Housing Market
CREW OC recently hosted virtual event Perspectives on Housing Affordability to analyze the local housing crisis. The......

NAR Releases 2021 Statistical & Forecast News Release Schedule
...Time JANUARY Fri., Jan. 22 December Existing-Home Sales Fri., Jan. 29 December Pending Home Sales Index FEBRUARY Thu., Feb. 11 Fourth Quarter......

Why a Buyer Love Letter Could Turn Into a Poison Pen
...please download Firefox , Chrome , or Edge . October 27, 2020 In a competitive housing market, home buyers may submit an offer with a personal letter attached that......

Why homeownership costs for Blacks are disproportionately high — and what can be done about it
...this month , Golding and his co-authors examined inequities in the U.S. housing market and calculated the costs to Black borrowers. Citing data from two federal sources — the Home Mortgage Disclosure......

Your bank is getting acquired: Should you stay or should you go?
...products or other incentives to keep your deposits there.” Be aware of FDIC insurance limits Anytime there’s a bank acquisition that affects you, review your accounts. You might be surprised......

Home prices in 20 U.S. metro areas rise most in two years
...home prices rose the most in two years in August as low mortgage rates spurred competition for an increasingly scarce supply of listings. The S&P CoreLogic Case-Shiller index of values in 20......

Is The Covid-19 Pandemic Reviving A Historic Residential Design Feature?
...trends, that some outdoor space and nature connection will be on every home buyer’s ‘must have’ list long after the current pandemic. The home with a fully-enclosed interior courtyard often demands......

The Real Estate Market Is Volatile: Why You Should Wait To Invest
...in my opinion. Considering the current state of the economy and the housing market, my plan is nothing short of abruptly halting any new investment ventures in real estate altogether and preparing......

Current Mortgage Rates, October 27, 2020 | Rates abate
Several benchmark mortgage rates receded today. The average for a 30-year fixed-rate mortgage decreased, but the average rate on a 15-year fixed increased. The average rate on 5/1 adjustable-rate......

30-Year Interest Rates for October 27, 2020 | Rates slide
...it would have been a week ago. Learn more about 30-year fixed mortgage rates , and compare to a variety of other loan types. 30-year fixed refinance rates Today’s average 30-year fixed refinance......

The Dark Side Of The Recovery Revealed In Big Data
...prosper in the coronavirus economy. The stock market is looking good. The housing market is looking good. For many Americans, the recession is over. "Total high-income employment returned......

Covid-19 And Your Mortgage: How Has Buying Or Refinancing Changed?
...t stopped people from buying or refinancing homes. Months into the pandemic, home sales are up 21% over this time last year—and sale prices are surging in some parts of the country. One reason......

How to read and compare mortgage loan estimates
...shop around and may find a lower price for, such as the title insurance company. As shown in section No. 5 above, the column on the left breaks down t......

The Hottest Housing Markets Right Now In 2020
...s slashing of interest rates in the face of unprecedented economic disruption, mortgage rates are at all-time lows in 2020 — and homebuyers are taking advantage of it. Using for-sale inventory......

The slowing decline of forbearances reflects an uneven recovery
...is further evidence of the unevenness in the current economic recovery. The housing market is booming, as shown by the extremely strong pace of home sales last week. However, many homeowners......

How Vacant Rooftops Could Solve The London Housing Crisis For Key Workers
...council housing. That's why they are often left to the private housing market, where they can rarely find affordable homes", says Kay. Not poor enough for social housing and not wealthy enough......

Share of Mortgage Loans in Forbearance Decreases Slightly to 5.90% Oct 26, 2020
...is further evidence of the unevenness in the current economic recovery. The housing market is booming, as shown by the extremely strong pace of home sales last week. However, many homeowners......

AT&T Earns Top Buy Rating This Week As Markets Struggle
...encouraging, ranging from improvement in jobless claims and continued strength in the housing market, to strong earnings reports. We are now in the last week before the November 3rd election......

Where Sellers’ Profits Are the Highest
...seller profits across the nation continue racking up new highs as the housing market remains relatively immune from the economic havoc caused by the coronavirus pandemic,” says Todd Teta, chief......

Sales of Million-Dollar Homes Double in a Year
...search. IE users, please download Firefox , Chrome , or Edge . October 26, 2020 Home sales are rapidly increasing during the pandemic, but the most dramatic spike......

Marin real estate market defies seasonal trends amid pandemic
...in September continued to defy seasonal trends amid the coronavirus pandemic, with home sales up nearly 68% over the prior year. The county recorded 290 detached home sales in September, a......