BY: JANN SWANSON Oct 16 2020, 9:13AM The pandemic is endangering the credit histories of at least 30 million Americans and possibly threatening the shelter status of many of them. The Mortgage Bankers Associations' (MBA's) Research [...]
BY: JANN SWANSON Oct 15 2020, 11:32AM Although the housing market continues to show strength, Freddie Mac economists say there are increasingly troubling signs in the larger economy. The third quarter forecast from the company's Economic and Housing [...]
BY: JANN SWANSON Sep 25 2020, 9:50AM Black Knight said its weekly forbearance survey found the number of mortgages in active forbearance decreasing at an accelerated rate. Those mortgages fell by 2.6 percent or 95,000 loans over the [...]
BY: JANN SWANSON Sep 23 2020, 3:56PM As the COVID-19 crisis dragged into its sixth month in August the total number of mortgage delinquencies continued to ebb, but the rate of decline appears to be slowing. [...]
BY: MATTHEW GRAHAM Sep 18 2020, 5:38PM Mortgage rates are most influenced by the bond market and the bond market is most influenced by the Federal Reserve (aka "The Fed"). So when the Fed says it expects [...]
BY: JANN SWANSON Sep 16 2020, 10:22AM The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) set a new high this month, breaking a record that it set only 30 days earlier. The Index, a measure of [...]
Fannie Mae and Freddie Mac cite higher risk amid economic uncertainty August 13, 2020, 1:43 am By Sarah Wheeler Refinance mortgage loans sold to Fannie Mae and Freddie Mac after Sept. 1 will include a new adverse-market refinance fee of [...]
BY: JANN SWANSON Aug 19 2020, 7:51AM Mortgage rates rose during the week ending August 14 and, while purchase applications sustained some of their momentum, a slowdown in refinancing pulled overall volume down. The Mortgage Bankers Association said [...]
BY: JANN SWANSON Aug 17 2020, 3:23PM At the midway point of the current (3rd) quarter Fannie Mae is looking for a huge improvement in the gross domestic product (GDP). The company's Economic & Strategic Research (ESR) Group [...]
PUBLISHED FRI, AUG 14 20201:26 PM EDT Darla Mercado, CFP®@DARLA_MERCADO KEY POINTS Aside from setting up the forgivable Paycheck Protection Program, the CARES Act also provided small businesses access to a grant of up to [...]