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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......

Quicken Loans IPO Boosts Billionaire Dan Gilbert’s Fortune By More Than $33 Billion
...renamed it Quicken Loans. The 2008 financial crisis and collapse of the housing market led many traditional banks to exit the mortgage lending business, giving nonbank lenders like Quicken an......

Mortgage Rates Hit New Low, Keeping Rising Home Prices In Check
Mortgage rates have hit yet another record-breaking low, this time falling to 2.88% on 30-year, fixed-rate loans. That’s down from 2.99% last week and 3.60% a year......

Black mortgage applicants nearly twice as likely to be denied: Zillow
...the disparity in mortgage rate denials is yet another reminder that the housing market — and country — have not done enough to address inequities and heal the scars from an unjust past," Joshua......

30-year mortgage rate hits record low again, Freddie Mac reports
...With the U.S. economy in recession because of the coronavirus pandemic, mortgage rates have plunged to record lows. In  a separate survey of rates by Bankrate , the average 30-year fixed-rate......

Mortgage Credit Availability Increased in July Aug 6, 2020
...lenders saw conditions improve this summer, as forbearance requests flattened, and record-low mortgage rates spurred strong levels of purchase and refinance activity." Added Kan, "There's evidence......

Mortgage Refinance Rates Today, August 6, 2020 | Rates fall
...see where rates are right now? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most current rates available. Here you can see the latest marketplace......

The Importance Of Compliant Cannabis Banking
...company pays for compliant banking. Banking openly comes with real benefits, including FDIC insurance, no cash deposit limits and the possibility of business credit, which opens up options for......

How to find unclaimed money that may be owed to you
...and investments Banks close like other businesses. The Federal Deposit Insurance Corporation (FDIC) offers a specialized search to see if there is money in your name left in any failed financial......

The different types of houses and the pros and cons of each
...community repairs The risk of having your property’s value impacted by foreclosures or short sales within the community Townhouse A townhouse is a multi-floor home with its own entrance that......

Appraisers Struggle to Manage Skyrocketing Demand
As record low mortgage rates prompt a wave in both home buying and refinancing, appraisers may be having a tough time keeping up: Lenders are reporting turnaround times for appraisals are increasing......

Investing Giant to Double Down on Suburban Home Purchases
...is reportedly ready to increase its offerings in the suburbs. With low mortgage rates and consumers’ increasing desire for more space, Invitation Homes says it is ready to add to the 80,000......

MGIC's 2Q net income down as coronavirus leads to higher reserving
...MIs in a strong capital position." Because of the record low mortgage rates , MGIC produced $28.2 billion of new insurance written in the second quarter, compared $17.9 billion in the first......

Pandemic Mortgage Forbearance Falls—But Only For Certain Borrowers
...types of loans, according to Ellie Mae, a software company that processes mortgage applications. Government-backed loans, such as FHA and VA, attract first-time borrowers as well as borrowers......

Investing Giant Gets Ready to Swoop In on Suburban Market
...is reportedly ready to increase its offerings in the suburbs. With low mortgage rates and consumers’ increasing desire for more space, Invitation Homes says it is ready to add to the 80,000......

Appraisers Struggle to Keep Up With Skyrocketing Demand
As record low mortgage rates prompt a wave in both home buying and refinancing, appraisers may be having a tough time keeping up: Lenders are reporting turnaround times for appraisals are increasing......