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Search Results for: coronavirus

Older Millennials Driving Refinance Surge

...average rates for older millennials fell monthly to 3.85% from 3.95%. “Economic impacts due to coronavirus (COVID-19) played a role in lowering interest rates in February and millennial homeowners were...

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Eyeing the Potential Housing Bubble

...Analyst Jesse Colombo on Forbes, the coronavirus pandemic may act like a “pin” to burst the housing bubble that has been brewing over the past several months. “As in the...

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Home Prices Appreciating Faster

...the impact from the coronavirus outbreak fades,” said Mark Fleming, Chief Economist at First American. “In fact, it’s important to remember that the housing market has traditionally aided the economy...

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Pending Home Sales Rise Prior to COVID-19

pending home sales

...anything but normal for the housing market,” said Danielle Hale, Chief Economist at Realtor.com. The February numbers reveal a market that was “very healthy prior to the coronavirus-induced shutdown,” said...

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GSEs Announce Payment Deferral Requirements

...by the coronavirus. This forbearance would permit a mortgage payment to be suspended for up to 12 months due to hardship considerations. Additionally, suspension of foreclosures and evictions for mortgages...

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Homeowners Worried About Loans

mortgage application

According to Johns Hopkins’ Coronavirus Resource Center, 353,692 cases of Coronavirus around the world and 15,430 deaths have been reported so far, leading many Americans to worry about their finances....

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Bank of America Issues Recession Update

...already be entering a recession because of the coronavirus pandemic. "While economic data for March is just starting to be released, the severity of the blow from the coronavirus leads...

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