mortgage applications

COVID-19 Relief Options

Today’s News Synopsis: Fannie and Freddie launch resource sites.  The Mortgage Bankers Association reported mortgage applications increased 2.7% from last week.  How are boomers’ plans for retirement being impacted by the coronavirus? In The News: Realtor.com – “How the Coronavirus Is Changing Some Boomers’ Real Estate Plans for the Better” (5-27-2020) “For baby boomers, the …

COVID-19 Relief Options Read More »

Two Words: Larger Space

Today’s News Synopsis: How will the coronavirus affect our future habits and social behaviors?  The Mortgage Bankers Association reported mortgage applications decreased 2.6% from last week.  April and May saw an increase in bidding wars with 41% of Redfin offers facing this in the midst of the pandemic. In The News:   Redfin – “41% …

Two Words: Larger Space Read More »

People Are Wanting To Buy Again

Today’s News Synopsis: Mortgage applications increased 0.1% from last week, showing a recovery in homebuying amidst lower mortgage rates.  One company that has started homebuying again using the ibuying platform is Offerpad.  Residential construction could see more drones being utilized. In The News:   Realtor.com – “Home-Buying FAQ: Your Top Questions About Purchasing Property During …

People Are Wanting To Buy Again Read More »

Squirrel!

Today’s News Synopsis: You’ve heard of the mini homes for cats, but a restaurant for squirrels?  The Mortgage Bankers Association reported mortgage applications decreased 3.3% from last week.  Pending home sales decreased last month, leading the NAR to believe the slump in the housing market is only temporary. In The News: National Association of Realtors …

Squirrel! Read More »

New Policy Allows You To Request A Credit Report Every Week For The Next Year

Today’s News Synopsis: Free credit reports now available every week.  The Mortgage Bankers Association reported mortgage applications decreased 0.3% from last week.  Additional funding for small-business loans was just approved by the Senate. In The News: HousingWire – “Senate approves additional funding for small-business loan program” (4-22-2020) “The Senate approved $320 billion of additional funding on Tuesday for the …

New Policy Allows You To Request A Credit Report Every Week For The Next Year Read More »

What About Home Prices???

Today’s News Synopsis: Home sales will go down in 2020.  According to the latest MBA Weekly Survey, mortgage applications increased 7.3% from last week.  Meanwhile, builder confidence posted a historic decline. In The News: MarketWatch – “Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices?” …

What About Home Prices??? Read More »

Lending Safety Amid the Pandemic

Today’s News Synopsis: Can lenders balance access to credit with increasing risk?  According to the latest MBA Weekly Survey, mortgage applications decreased 17.9% from last week.  More and more borrowers are seeking relief as requests for mortgage delays increased by almost 2,000%. In The News: Mortgage Bankers Association – “Mortgage Applications Decrease in Latest MBA Weekly …

Lending Safety Amid the Pandemic Read More »

Rent Is Due, Know What To Do

Today’s News Synopsis: Inman’s state by state guide on evictions, rents, and foreclosures.  The latest mortgage applications survey from the Mortgage Bankers Association showed a surprising increase in mortgage applications, up 15.3% from last week.  Title companies are getting creative with the way they are holding closings all while maintaining social distancing. In The News: …

Rent Is Due, Know What To Do Read More »

Scroll to Top