Daily Dose

After reaching near all-time lows in prior months, Fannie Mae says the market is “substantially elevated” when compared to historical data.

The latest episode of DS5: Inside the Industry will also delve into how the pandemic affects millennials and their pursuit for homeownership.

Also in The Week Ahead, are more exclusive interviews on DS5: Inside the Industry and the U.S. Senate Banking Committee will hold a hearing on the oversight of housing regulators.

A new report sheds positive light on housing, as home prices increased annually in 29 of the 35 largest metros studied.

One economist noted that housing is “ helping the economy in recovering” from the recession with residential construction rebounding.

Tim Rood, Head of Industry Relations for Situs AMC, spoke with MReport on affordability in the current market and the Fed is doing to ensure rates remain low during the pandemic. This feature originally appeared in the June issue of MReport.

Just three states reported volumes of more than 10% below last year’s numbers. Click through to read more.

The new mortgagee letter recognizes borrowers impacted by COVID-19 that met all requirements set forth by the Administration before the pandemic.

Forecasts show signs of recovery in April with strengthening possible in May. Home prices, however, hit a new all-time high.

Faced with uncertainty, a new report identified how black homeowners were more likely to miss or defer mortgage payments in May.