Monday, June 15th, 2020

For Week Ending June 6, 2020 Continued low mortgage rates have boosted mortgage applications from prospective home buyers. The Mortgage Bankers Association reported that mortgage applications to purchase a home rose 5% last week, which is 18% higher than applications … Continue reading

Posted in Weekly Report |
Monday, June 8th, 2020

For Week Ending May 30, 2020 Buyer activity continues to improve as states and localities slowly open up. ShowingTime is reporting that nationally, showing activity has been climbing since mid-April and is now at or above the same time last … Continue reading

Posted in Weekly Report |
Monday, June 1st, 2020

For Week Ending May 23, 2020 Mortgage rates have now been below 3.30 percent for four consecutive weeks, according to the latest update from Freddie Mac. These near-record low rates have been a catalyst for the recovering buyer activity in … Continue reading

Posted in Weekly Report |
Tuesday, May 26th, 2020

For Week Ending May 16, 2020 More than 4.1 million homeowners are now in mortgage forbearance plans, according to the Mortgage Bankers Association’s latest survey. Homeowners affected by COVID-19 with a federally backed home loan can delay mortgage payments for … Continue reading

Posted in Weekly Report |
Monday, May 18th, 2020

For Week Ending May 9, 2020 This week ATTOM Data Solutions released their Q1 2020 U.S. Home Equity and Underwater Report, showing that just over one in four homeowners have at least 50% equity in their homes. The Mortgage Bankers … Continue reading

Posted in Weekly Report |