In the eye of the pandemic, resort towns like the Jersey Shore and Cape Cod are evolving into the permanent go-to places for homebuyers—especially those scurrying from big ...
Read More »Economy Experiences “Uneven Recovery” Despite Jump in New Jobs
There appears to be a bit of bounce in the step of economic activity in the U.S. as total nonfarm payroll employment spiked by 638,000 in October, coupled ...
Read More »COVID-19 Driving Digital Mortgage Lending
In the midst of the pandemic and economic turmoil, seamless digital transactions will be at the epicenter of business survival, according to a study by the Economist Intelligence ...
Read More »Millennials Jump to Refinance Mortgages
Scores of millennials leaped at the chance to refinance their mortgages in September, according to the latest Ellie Mae Millennial Tracker. During that month, there was an acceleration ...
Read More »California Wildfires, Housing Inventory, and Home Prices
In areas like Napa and Sonoma Counties, competition for housing has increased exponentially. It's one result of devastating wildfires that have cut a swath through many parts of ...
Read More »Mortgage Applications Down Despite Record-Low Rates
Mortgage applications tumbled 4.8% on a seasonally adjusted basis from the previous week, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the ...
Read More »Where Credit Scores are Suffering the Most
When it comes to credit, the reverberations of COVID-19 are shaking some states more vigorously than others, according to an Annual CardRatings state by state study. States in ...
Read More »New Home Sales: ‘Making Up for a Weak Spring Season”
While mortgage rates move upward, more new homes have sold so far in 2020 than did in all of 2019. Experts dig into the most current data and what factors are in play.
Read More »The Latest Look at Single-Family Rent Prices
A recent report showed that as unemployment rates skyrocketed, renters struggled, and landlords lowered rates in the hopes of keeping their tenants.
Read More »The Pace of iBuying is Picking Up
With many businesses hitting pause in wake of COVID-19, the purchase of homes among iBuyers dropped off 88% year over year in the second quarter, according to Redfin.com. Research ...
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