One criticism of the CARES Act is that it provides relief only to borrowers with government-backed loans. Bills in New York and California would cover the remaining 30% of homeowners.
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Eager buyers and reluctant sellers pushed Bay Area homes prices higher again in April, fueling quick sales and a robust market despite coronavirus restrictions.
June 5 -
Virginia's housing market has demonstrated greater resiliency than many housing markets across the country even though home sales have slowed across much of the state as a result of COVID-19.
June 5 -
Houston-area home closings surged last week for the first time since the start of the coronavirus pandemic.
June 5 -
One criticism of the CARES Act is that it provides relief only to borrowers with government-backed loans. Bills in New York and California would cover the remaining 30% of homeowners.
June 4 -
Independent mortgage banks started 2020 strong after three quarters of high profits, according to the Mortgage Bankers Association.
June 4 -
The policy comes more than a month after a different agency issued similar guidance for loans backed by Fannie Mae and Freddie Mac.
June 4 -
Australia has announced a A$688 million ($476 million) stimulus package aimed at bolstering the housing construction industry, as the coronavirus-hit economy heads for its first recession in 29 years.
June 4 -
The company's planned two-week halt on originations turned into more than two months on hiatus because of coronavirus-related market disruptions.
June 4 -
Homebuilding in San Diego County nearly doubled from last year in the first quarter of 2020 despite COVID-19 closures.
June 4 -
Millennial refinance activity hit a new high-water mark behind historically low mortgage rates, up 40 percentage points from the year before, according to Ellie Mae.
June 3