Canada's mortgage rates are creeping up — even though the country's central bank has slashed borrowing costs to combat the COVID-19 pandemic.
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Real estate crowdfunding company Sharestates launched a program Wednesday offering liquidity to private lenders and loan aggregators contending with margin calls as a result of market volatility related to the coronavirus outbreak.
April 1 -
Federal Housing Finance Agency Director Mark Calabria said a virus-induced financial crisis might give rise to more delinquencies and foreclosures than the 2007 subprime mortgage meltdown.
April 1 -
Mortgage application activity increased from the prior week, driven by strong refinance volume after a 35-basis-point drop in conforming loan interest rates, according to the Mortgage Bankers Association.
April 1 -
Canada's mortgage rates are creeping up — even though the country's central bank has slashed borrowing costs to combat the COVID-19 pandemic.
March 31 -
While the housing market will suffer from the COVID-19 crisis, it's stronger than it was in during its last crash in 2008, according to First American Financial.
March 31 -
New Residential Investment, a real estate investment trust focused on housing, is selling a portfolio of debt with a face value of $6 billion.
March 31 -
Mortgage servicers need direction from federal agencies on how to implement the forbearance plans called for in the CARES Act, according to the Community Home Lenders Association.
March 31 -
After years of bustling sales and rising prices, Buffalo's housing market has come to a screeching halt.
March 31 -
Home prices in 20 U.S. cities accelerated in January from a year earlier, marking the fifth straight annual gain and corroborating other recent data that showed a flurry of housing market activity prior to the coronavirus pandemic.
March 31 -
With interest rates at historic lows and recent increases in Tucson, Ariz., home values, many jittery homeowners impacted by the coronavirus outbreak are looking to refinance to get their hands on cash.
March 31