...that was due to the coronavirus and socially distancing. Just as other researchers have said, the team at RE/MAX remarked that their year-to-year- comparisons are skewed by pandemic-spurred restrictions during...
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Refis Reign as Rates Trend Downward
...coronavirus is at its lowest point in the pandemic. These figures underscore how the American Rescue Plan puts us on the path to recovery. It’s increased the speed and access...
Read More »The Week Ahead: HUD Deputy Secretary Nominee to Speak Before Senate
...the agency well as Deputy Secretary of HUD,” said Sen. Sherrod Brown. “Together with Secretary [Marcia] Fudge, she will help the American people build back better by addressing the Coronavirus...
Read More »Market Update: Inventory Shrinks, Prices Increase
...Redfin about whether fear of coronavirus infection was keeping homeowners from selling. With a third of American adults now fully vaccinated and still hardly any homes being listed for sale,...
Read More »Where U.S. Residents Are Suffering Most From Pandemic Fallout
States along the East Coast, Connecticut through Florida, as well as Illinois, are more vulnerable to the effects of the Coronavirus pandemic and its continuing impact on the U.S. economy,...
Read More »FHFA Announces What Might Be Final Loan-Flexibilities Extension
...during the pandemic. FHFA will continue to monitor the coronavirus' impact on tenants, borrowers, and the mortgage market and update policies as needed. FHFA may extend or sunset its policies...
Read More »FHA Updates Servicing Section of Its Single-Family Handbook
...borrowers should visit FHA’s COVID-19 Resources for Homeowners web page on FHA.gov. Other borrowers are encouraged to visit the Consumer Financial Protection Bureau’s Coronavirus Mortgage and Housing Assistance web pages....
Read More »Home Price Surge Forecast in the West
...the Coronavirus pandemic,” said Eric Fox, Veros VP of Statistical and Economic Modeling. “Once the global pandemic is largely behind us, interest rates will stabilize and rise to some degree,...
Read More »CFPB Issues Updated COVID-Related Guidance
...26, 2020): The rescission withdraws the CFPB as a signatory to the Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus (April...
Read More »How COVID-19 Has Changed the Homebuying and Selling Process
Recent data reveals just how substantially the homebuying process has changed throughout the course of the coronavirus pandemic. Buyers are writing bigger down-payment checks, making offers well-over the asking price,...
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