A house in Cornwall, N.Y., goes on the market and has eight buyers check it out in one day. Two promptly offer the full price of $305,000, which the winning bidder later upped to $340,000.
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The number of loans going into coronavirus-related forbearance slowed to a rate of 7 basis points between May 25 and May 31, according to the Mortgage Bankers Association.
June 8 -
After bottoming out at a 10-year low in April, consumer sentiment for home buying rebounded in May, according to Fannie Mae.
June 8 -
About 9% of government-insured loans in forbearance have low equity, which could hamper post-forbearance servicing.
June 8 -
A house in Cornwall, N.Y., goes on the market and has eight buyers check it out in one day. Two promptly offer the full price of $305,000, which the winning bidder later upped to $340,000.
June 8 -
Framework Homeownership CEO Danielle Samalin helped support consumer organizations after the housing bubble burst. Now she’s using that experience to help borrowers and homebuyers navigate new challenges.
June 8 -
When the coronavirus pandemic began in earnest in March, the Las Vegas real estate market was able to hold steady, thanks in part to an abundance of sales already in the pipeline.
June 8 -
With the impacts of the coronavirus in full bore, housing market experts predict home prices to fall in 2020.
June 8 -
After months of hiding out from the coronavirus, North Texas homebuyers are heading out to hunt for properties.
June 8 -
But there was an increase in private-label mortgages in forbearance.
June 5 -
Nonbank mortgage hiring inched down when overall employment plunged in April. The subsequent recovery in overall jobs suggests the housing-finance industry is still bearing up well despite coronavirus-related strain.
June 5