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Investing in Student Housing Amid Market Volatility
...it comes to comparing student housing with the multifamily sector, the student housing market has consistently underperformed as a result of overbuilding and high competition. And now, due to......

Pending home sales index falls to lowest in records to 2001
...to a record low in April as coronavirus lockdowns thwarted prospective buyers. Pending home sales decreased 21.8% to a level of 69, the lowest in records back to 2001, after falling 20.8% in......

GSEs issue Libor-to-SOFR transition playbook
...these loans through the cash window. Instead, Freddie will start allowing SOFR-indexed mortgage applications to be underwritten through Loan Product Advisor on Oct. 1, and start purchasing......

Seller’s or Buyer’s Market? It’s Up for Debate
...all the makings of a very hot seller’s market. After all, home sales in May, June, and July traditionally tend to net 7% to 10% above market value, or an average of $17,000 to $25,000 more for......

Mall Of America Reopens, But Faces A Challenge Beyond its Control
...U.S. commercial real estate market is going to collapse like the housing market did in 2008. Telling CNBC in March that he believes there will be wholesale defaults on shopping malls and other......

NAR: Contract Signings Likely Won’t Go Any Lower
The COVID-19 pandemic hampered home sales contracts in April, but that will likely mark the low point in pending home sales for the year, according to the National Association of REALTORS®’ latest......

Zombie Foreclosures Have Dropped Slightly Despite COVID-19
The COVID-19 pandemic has not set off a wave of foreclosures, in large part because the government has put moratoriums on foreclosures and banks are offering mortgage forbearance options for......

Mortgage Applications Defy Forecasts, Up 54% Since April
...entering the market at a much brisker pace than many economists forecasted. Mortgage applications for home purchases continue their upward streak, rising 9% last week compared to the previous......

Amid coronavirus ban on foreclosures, number of zombie homes drops
...Solutions said. "Right now, with the moratorium in effect, the number of foreclosures and zombie foreclosures are declining," said Todd Teta, Attom's chief product officer. "Nationwide, those......

These Are The Lowest Mortgage Rates Being Offered Right Now
Mortgage rates have been hitting record lows during the economic downturn and could fall even further. Lenders have responded to the increased economic uncertainty by raising minimum credit scores......

Waiting To Reopen: What Branch Banking May Look Like After COVID-19
...during the coronavirus crisis, your deposits are still protected up to the FDIC limit of $250,000 per depositor, per insured bank, for each account ownership category.  That coverage still......

Financing A House Keeps Getting Cheaper, With Interest Rates Setting New Record Lows
...this year. The real estate database did predict a massive drop in home sales— up to 60% —but even that hasn’t panned out yet, with the U.S. Census Bureau releasing stats this week showing......

As Michigan economy crumbles, home prices jump higher
...during late March and April, exacerbated the low inventory situation in the housing market that has persisted for several years. Buyer demand has remained healthy so far because, despite rising......

Virginia's April housing market exceeds expectations
Home sales dipped in April due to the COVID-19 pandemic, but the decline in Virginia wasn't as severe as many had anticipated, according to Virginia Realtors. The trade association's......

Mortgage rates plunge to yet another all-time low
Mortgage rates fell this week to the lowest level ever recorded by Freddie Mac, even as it appears the relationship to the benchmark 10-year Treasury yield has stabilized. "The 30-year fixed-rate......

5 Reasons To Be Optimistic About The Stock Market
...signs. Apple Mobility Data is trending up Credit card spending is accelerating Mortgage applications are rising Air travel and restaurant bookings are picking up, albeit from low levels......

New Fintech Promises Higher Returns On Savings With ‘Savetech’ Platform
...time,” says Nelskyla. “With Save, you get the best of both worlds: FDIC safety net for your initial deposit, while your interest can grow faster with the upside of market investments.”...

Mortgage Refinance Rates Today, May 28, 2020 | Rate trends higher
...see where rates are right now? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most current rates available. Here you can see the latest marketplace......

What Real Estate Investors Need To Know In Times of Crisis
...distressed sellers may be more willing to negotiate on prices. In addition, mortgage rates are low for the time being. Economically, buying an investment property at this time may make good sense......

Alternative Credit Scoring For Retail Lenders During Economic Crises
...are unbanked or underbanked — roughly 25% of Americans, according to the FDIC — alternative scoring could be a viable option, especially when you consider LexisNexis research indicating that......

Today’s Mortgage Rates, May 28, 2020 | Important rate climbs
Expect Best/stocksnap.io Mortgage rates were mixed today, but one key rate notched higher. The average for a 30-year fixed-rate mortgage moved up, but the average rate on a 15-year fixed slid......

Six New Unicorns, One Acquisition And Four Companies With 200-Plus Layoffs: How Last Year’s Next Billion-Dollar Startups Have Fared
...$5 billion.  The coronavirus downturn hit a number of alumni badly. Home buyer Opendoor slashed its workforce by 35%, or 600 employees, in April. The month before, Airbnb competitor Sonder......

Benchmark 30-year mortgage rate stays steady again
...and the effect on monthly payments for a $165,000 loan: Where mortgage rates are headed In the week ahead (May 28-June 3), rates are likely to remain stuck in the 3.55 percent range. That’s......

Housing Hardship Index: Coronavirus crushes some state economies, spares others
...will likely bring the worst for mortgage delinquencies and defaults.” For now, foreclosures remain rare. Mortgage giants Fannie Mae, Freddie Mac and the Federal Housing Administration unveiled......

New-Home Sales Post Unexpected Increase
...soared. Builders note that the increase is a potential sign that the housing market is already stabilizing during the pandemic. “The April data for new home sales show the potential for housing......