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Forbearance loans decrease, but new requests are highest since August

12.30.2020

The total number of loans in forbearance decreased from 5.54% to 5.48% as of Dec. 6, according to the Mortgage Bankers Association.

What Will the Housing Market Look Like in 2021?

12.23.2020

This year has been an intense one for all industries, but the housing market has managed to come out on top. As 2021 draws nearer, Zillow offers some key trend predictions that could lead to shifts in the market next year.

Bigger, Better, Newer: The Top Housing Trends for 2021

12.16.2020

With 2020 coming to a close, it’s time to really start thinking about what 2021 will bring, especially when it comes to what homebuyers want. Zillow.com has released the top 10 home trends for the coming year, each likely to increase in popularity as the months go on.

What Mortgage Lenders Can Expect From 2021 Profit Margins

12.10.2020

The bottom line among mortgage lenders is not exactly sizzling lately. For the next three months, the outlook for profitability dipped from last quarter, according to Fannie Mae's Q4 2020 Mortgage Lender Sentiment Survey. In fact, a larger chunk of lenders now envisions profit margins receding even further.

Why Have Pending Home Sales Declined?

12.02.2020

The National Association for Realtors (NAR) released its latest Pending Home Sales Index for October today, showing that pending home sales experienced a slight decline in last month, dropping by 1.1% from September.

Freddie Mac Loans on Track for Big Annual Increase

11.27.2020

The latest monthly volume report from Freddie Mac found a growing mortgage portfolio and a declining level of single-family delinquencies.

Fannie Mae Suggests Strong Housing Market Will Continue

11.18.2020

The near-future state of the U.S. economy is predicated on how policymakers and the public respond to the increasing number of COVID-19 cases, according to the latest commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.

Why Is Housing Affordability Declining?

11.11.2020

The National Association of Home Builders (NAHB) reported that housing affordability declined during the third quarter of 2020, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).

30-Year Fixed-Rate Mortgage Hits Record Low

11.06.2020

Freddie Mac announced that the 30-year fixed-rate mortgage (FRM) has reached its lowest rate since the government-sponsored enterprise began publishing its Primary Mortgage Market Survey (PMMS) in 1971.

COVID-19’s Impact on Home Seller Sentiment

10.28.2020

The competition among homebuyers is intense and home prices have been soaring in recent months. The cause of this heated competition and rising prices is the short supply of homes for sale. This lack of inventory has been prevalent across the country since COVID-19.

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