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The Hottest Housing Markets Right Now In 2020
...s slashing of interest rates in the face of unprecedented economic disruption, mortgage rates are at all-time lows in 2020 — and homebuyers are taking advantage of it. Using for-sale inventory......

The slowing decline of forbearances reflects an uneven recovery
...is further evidence of the unevenness in the current economic recovery. The housing market is booming, as shown by the extremely strong pace of home sales last week. However, many homeowners......

How Vacant Rooftops Could Solve The London Housing Crisis For Key Workers
...council housing. That's why they are often left to the private housing market, where they can rarely find affordable homes", says Kay. Not poor enough for social housing and not wealthy enough......

Share of Mortgage Loans in Forbearance Decreases Slightly to 5.90% Oct 26, 2020
...is further evidence of the unevenness in the current economic recovery. The housing market is booming, as shown by the extremely strong pace of home sales last week. However, many homeowners......

AT&T Earns Top Buy Rating This Week As Markets Struggle
...encouraging, ranging from improvement in jobless claims and continued strength in the housing market, to strong earnings reports. We are now in the last week before the November 3rd election......

Where Sellers’ Profits Are the Highest
...seller profits across the nation continue racking up new highs as the housing market remains relatively immune from the economic havoc caused by the coronavirus pandemic,” says Todd Teta, chief......

Sales of Million-Dollar Homes Double in a Year
...search. IE users, please download Firefox , Chrome , or Edge . October 26, 2020 Home sales are rapidly increasing during the pandemic, but the most dramatic spike......

Marin real estate market defies seasonal trends amid pandemic
...in September continued to defy seasonal trends amid the coronavirus pandemic, with home sales up nearly 68% over the prior year. The county recorded 290 detached home sales in September, a......

What title insurers' 3Q results reveal about the mortgage market
The three national title insurance underwriters that have reported......

New-home sales fell slightly in September, remain elevated
...remaining elevated, suggesting demand is being restrained by lean inventory despite record-low mortgage rates. Purchases of new single-family houses dropped 3.5% from August to a 959,000 annualized......

Big Week Ahead For FAANGs, But Rising Virus Cases, Stimulus Disappointment Stealing Thunder
...not just rising Treasury and bond yields (which ultimately can factor into mortgage rates going up). It’s also data-related, as new home starts for September were a bit below Wall Street’s estimates......

3 reasons markets could be in for a bumpy week
...Up next Hasbro (HAS) reports results before US markets open. New US home sales for September post at 10 a.m. ET. Coming later: Ant Group is due to price shares ahead of its market debut. It could......

Current Mortgage Refinance Rates, October 26, 2020 | Rates ratchet higher
...to compare today’s rates? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most up-to-date rates available. Here you can see the latest marketplace average......

Boomers, here’s your 5-point plan to fight back against low savings interest rates
...S. is 0.05 percent annual percentage yield (APY), according to the FDIC. That compares with several other online banks on the market that offer around 0.70 percent APY. It might not seem like......

Today’s 30 Year Mortgage Rates, October 26, 2020 | Rates move down
...include information about every financial or credit product or service. 30-year fixed mortgage rates The average rate for a 30-year fixed-rate mortgage is 3.03 percent, declining 1 basis......

Today’s Mortgage Rates, October 26, 2020 | Rates decline
Several key mortgage rates slid lower today. The average for a 30-year fixed-rate mortgage slid down, but the average rate on a 15-year fixed moved higher. The average rate on 5/1 adjustable-rate......

Demand Is Rising For Properties In Vacation Home Markets
...Florida; Lake Tahoe, Nevada; Cape Cod, Massachusetts, and Park City, Utah. Newly pending home sales are also climbing in many of these vacation markets, with 90 percent of the markets experiencing......

Mortgage and real estate news this week: The end of the refinance boom?
...that was. 1. Is the refi boom winding down? The aforementioned low mortgage rates have driven a historic boom in refinancing. Homeowners have flooded lenders with applications to lower their......