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Mortgage rates were flat this week and remain near all-time lows, according to Freddie Mac. But significant numbers of borrowers remain unable to take advantage of them.
June 25 -
Central Ohio home sales fell 21% in May compared with the previous year, but climbed a bit from a horrific April, as the real estate industry continues to wrestle through coronavirus.
June 25 -
An imminent high court ruling about the independence of the bureau's director, coupled with an election victory for Joe Biden, could doom a plan to extend GSEs' exemption from tough debt-to-income requirements on mortgages.
June 24 -
For banks with assets between $10 billion and $100 billion, the average exposure is 165% of capital.
June 24 -
The shutdown imposed by the coronavirus pandemic may have caused an abrupt drop in the real estate business, but early indications show the recovery will come just as quickly.
June 24 -
The mortgage company will provide up to $17 million in forgiveness to settle charges that modifications it applied to distressed government-related loans were not in keeping with state servicing regulations.
June 24 -
Video conferencing might replace some in-person meetings even after people can go back out on the road again.
June 24 -
Even as interest rates remained at record-low levels, mortgage application activity for both purchases and refinancings declined compared to one week earlier, according to the Mortgage Bankers Association.
June 24 -
Single-family home sales in Tampa Bay plummeted in May at rates much higher than even April's year-over-year declines as the pandemic continued to stunt the market, according to new figures released by Florida Realtors.
June 24 -
The outbreak has completely upended whatever expectations the industry had heading into 2020. Here's key areas that have been shaped by the pandemic, some potentially forever.
June 24













