Share of mortgages in forbearance drops to lowest level since April
Mortgages in forbearance decreased from 6.93% of servicers' portfolio volume to 6.87% during the week ending Sept. 20, according to the Mortgage Bankers Association
by Lillian Dickerson Sep 29
Mortgages in forbearance drop again, but that trend could reverse
As Congress continues to be at a standstill in passing a second stimulus bill to support Americans who have become unemployed as a result of the pandemic, it's likely forbearance rates could increase in upcoming weeks
by Lillian Dickerson Sep 14
Mortgage rates sink to historic low
The average 30-year mortgage hit an all-time low of 2.86%, according to Freddie Mac
by Patrick Kearns Sep 10
Share of mortgage loans in forbearance stays flat after 10-week decline
After 10 consecutive weeks of mortgage loans in forbearance showing declines, the total number of loans in forbearance appears to have flattened out at 7.2%
QM rule
The fee will no longer apply to refinance loans with balances below $125,000 or to the government-sponsored enterprises' affordable refinance products
by Andrea V. Brambila Aug 27
Mortgage rates, still historically low, begin ticking upward
Low rates have helped fuel an extraordinarily active summer for real estate. Although they remain historically low, a gradual trend upward could be less than stellar news for consumers
by Jim Dalrymple II Aug 20
Share of mortgages in forbearance continues decline, falling to 7.4%
This week marks the eighth week in a row in which total loans in forbearance have declined. Currently, there are about 3.7 million homeowners enrolled in forbearance plans
by Lillian Dickerson Aug 11
Mortgages in forbearance continue to drop
The total share of loans in forbearance dropped to 7.67% of servicers' portfolio volume, according to data released Monday by the Mortgage Bankers Association
Making sense of the headlines: What you should know about the Case-Shiller Index
Opinion
Windermere Chief Economist Matthew Gardner dives deeper into the lesser known components of the Case-Shiller Home Price Index and what they can tell us about the health of the market
by Matthew Gardner Aug 4
Why 'side suites' are all the rage right now
Accessory dwelling units have been growing in popularity both as a pandemic living option and a solution to affordable housing
Mortgages in forbearance drop for sixth week in a row
The number of mortgage loans in forbearance declined by 6 basis points, from 7.80% the previous week to 7.74%, marking the sixth consecutive week loans in forbearance dropped
by Lillian Dickerson Jul 28
Making sense of the headlines: Will home prices rise in 2020?
Opinion
Windermere Chief Economist Matthew Gardner takes a look at home sales and gives his outlook on home prices for the remainder of 2020
by Matthew Gardner Jul 28
Mortgage rates creep back to 3%
The 30-year, fixed-rate mortgage average increased for the first time since May to 3.01%, for the week ending July 23
by Patrick Kearns Jul 23
Share of mortgages in forbearance continues to drop
The amount of mortgages in forbearance declined for the fifth straight week, from 8.18% to 7.8% the week ending July 12, 2020
by Lillian Dickerson Jul 20