The work-from-home requirements created during the coronavirus pandemic could have a significant impact of homebuying for the coming year, according to data from a new Realtor.com-HarrisX survey of active buyers....
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State of Market: Mortgage Apps, Pending Sales & Homeownership
...its data by noting the coronavirus pandemic required that the second quarter data collection took place entirely by telephone and not by in-person interviews. During the second quarter, the homeownership...
Read More »Director Kraninger Delivers CFPB Update to Congress
...taking these steps to help consumers, families, and small businesses as they continue to weather this global coronavirus pandemic. I continue to advocate for establishing a bipartisan board of directors...
Read More »Effective Strategies for Producing Fast, Accurate High-Quality Loans
With national mortgage rates at historic lows and homeownership demands rising among millennials, there is speculation that we could be looking at another "Roaring 20’s scenario" when the coronavirus pandemic...
Read More »Home Price Increases Decelerate
...that were previously above their price range.” However, Speakman warned that “substantial risks have emerged in recent weeks” related to the persistence of the coronavirus and “the broader economic uncertainty...
Read More »Google Teams With CFPB on New Mortgage Search Feature
...new feature is also focused on existing homeowners seeking to refinance and households that have been impacted by the economic turmoil from the coronavirus pandemic. Yoeli noted the CFBP offered...
Read More »The Imbalance Between Housing Supply, Demand
...“As the coronavirus pandemic continues to wreak havoc on global and domestic economies, housing has thus far proven resilient, managing a V-shaped recovery from the low point reached in April,"...
Read More »Homesellers’ Profits Growing
...despite the encroaching economic headwinds resulting from the Coronavirus pandemic. Profit margins hit new records as prices kept climbing, with few indications that the impact of the virus would topple...
Read More »Housing Inventory Down 32% Annually
As the U.S. posts around 60,000 new Coronavirus cases daily for several days in a row, the housing market seems to be returning to close to its pre-pandemic levels of...
Read More »Greatest Dollar Volume of CRA Lending is in Community Development
...researchers expect declining interest rates to incite increased mortgage and refinance activity this year and last year with some dampening by the impact of the coronavirus pandemic. The Office of...
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