Purchase

Rates are forecasted to remain at the current low levels for the rest of 2020, driving steady refinance volume.

The company is competing with consumers looking for more space aided by record low mortgage rates.

Housing prices continued to grow in June, maintaining a streak in monthly increases that began in February 2012. But the trend could be reversed in 2021 with the resurgent effects of the coronavirus, according to CoreLogic.

After a floundering start to the summer home-buying season, record-low mortgage rates helped make July one of the best in several years for homebuilders in the Twin Cities metro.

The year-over-year increase came as homebuying picked up and the company's mortgage lending business boomed.

With low inventory and coronavirus limiting accessibility, nearly half of shoppers made offers sight-unseen in June, according to Redfin.

The COVID-19 pandemic has caused home sales to fall this year in more than two-thirds of Dallas-area neighborhoods.

Home sales in Alabama surged in June as buyers emerged from the coronavirus lockdown ready to take advantage of low interest rates.

Some real estate agents in the Daytona Beach, Fla., area have been reporting an increase in bidding wars for homes because of the low inventory.

The government-sponsored enterprise reported net earnings of $2.55 billion, up from $461 million in the first quarter.