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Outside the densely populated coastal hubs, annual home sales grew by leaps and bounds, as buying patterns shifted toward more space with less emphasis on proximity to urban centers, according to Redfin.
September 22 -
Sales of previously owned homes remained brisk in August as low mortgage rates and demand for space in the suburbs sustained strength in a housing market that’s a bright spot for the economy.
September 22 -
The number of pending sales in Sonoma County, Calif., was up 27% from June through August 2020 versus the same period in 2019 and the percentage of properties that went off the market within two weeks was up 8% in the same period in 2020 versus 2019.
September 22 -
The song remains the same: There still aren't enough houses to keep up with all the people trying to buy them in Missoula, Mont., so that means prices keep shooting up.
September 22 -
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The percentage of borrowers who have asked to temporarily suspend payments due to coronavirus-related hardships is down overall, but in the Ginnie Mae market, they're still inching up.
September 21 -
Shannon King, a single mother, left the Bay Area a decade ago as housing costs soared, hoping to find an affordable place to live in southern Oregon.
September 21 -
Westcor has been gaining market share, growing to 5.9% of premiums written in 2Q 2020, versus 3.4% in the first quarter of 2019.
September 21 - LIBOR
The restrictions on the pooling of loans with any interest term based on Libor will be effective for traditional mortgage-backed securities issued starting Jan. 21, 2021, and earlier for reverse-mortgage securitizations.
September 21 -
More defaults will lead to an increase in distressed sales, and that will drive down prices, CoreLogic said.
September 21 -
A boom in the U.K. housing market gathered pace this month as Britons' pandemic-driven desire for more living space and a tax break on purchases pushed asking prices up by the most in four years.
September 21 -
Canadian new home prices recorded their sharpest one-month gain in three years with higher demand and rising costs for building materials.
September 21 -
August was a blockbuster month for home sellers across the 16-county metro, despite the global pandemic and a coming presidential election, which typically puts buyers on edge.
September 21 -
Marin County, Calif., home sales jumped by 46% in August over the prior year, marking the third straight month of gains after the rocky pandemic spring.
September 21 -
A conversation with Greg Carmichael, Chairman, President and Chief Executive Officer, Fifth Third Bancorp discussing the consumer banking trends and lessons learned during the pandemic.
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Taylor, Bean & Whitaker's former chairman and CEO, Lee Farkas, led a $2.9 billion mortgage fraud scheme during the housing crash but was released early from prison due to susceptibility of COVID-19 transmission.
September 18 -
The vibe is pre-COVID San Francisco: Airpods, electric scooters, coffee-shop coworking and cash offers for million-dollar homes.
September 18 -
Bondholders could see principal losses if, due to the way the documents are worded, the rate is frozen at the last published amount.
September 18 -
Remote, homeowner-assisted appraisals used amid the coronavirus could be a useful tool post-pandemic, in limited circumstances.
September 18 -
Measures designed to give banks and credit unions more flexibility to help customers weather the coronavirus pandemic are set to expire Dec. 31 unless Congress renews them.
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