Orange County Register, Aug. 13, 2020–Jeff LazersonInflation, deflation, stagflation and disinflation are in play, according to experts. (MBA mention)https://www.ocregister.com/2020/08/13/will-home-values-tank-post-pandemic/
Category: Top National News
Mortgage Rates Rise, Still Below 3%
National Mortgage Professional, Aug. 13, 2020–Navi PersaudFreddie Mac’s latest Primary Mortgage Market Survey showed that the 30-year fixed-rate mortgage averaged 2.96%, up from last week’s average of 2.88%.https://nationalmortgageprofessional.com/news/75749/mortgage-rates-rise-still-below-3
Suburban Home Prices Are Rising. But So Are Most Urban Home Prices
Wall Street Journal, Aug. 13, 2020–Nicole Friedman (subscription)Suburban housing markets have been on a tear since the pandemic, as home buyers have sought more space. But a new analysis shows …
CMBS Forbearances Await Servicing in the Weeks Ahead
National Mortgage News, Aug. 13, 2020–Brad Finkelstein (subscription)As forbearances and government other relief efforts come to an end over the next few weeks and months, many a commercial mortgage borrower …
5 Rampant Mortgage Myths You’ll Hear These Days—Completely Debunked
SFGate, Aug. 13, 2020–Erica SweeneyThese days, things are changing so fast, it’s tough to keep up. That’s especially true in the mortgage industry, where interest rates and the overall home …
Mortgage Refinancing Will Be More Expensive as Fannie Mae and Freddie Mac Raise Fees
CNBC, Aug. 13, 2020–Diana OlickThe move was met with strong criticism from the mortgage industry, seen as a slap in the face of the one sector of the economy that …
MBA Predicts New Home Sales Surge in July
Mortgage News Daily, Aug. 13, 2020–Jann SwansonThe Mortgage Bankers Association is predicting another strong month for new home sales. The association says its Builder Application Survey data for July 2020 …
How Offshore Delivery Centers are Helping Mortgage Lenders Improve Operations
MortgageOrb, Aug. 13, 2020–Alok BansalIn 2019, the global outsourcing market amounted to $92.5 billion, a drastic jump in the last decade. One of the major reasons for this: businesses across …
How Hotel Companies Are Surviving the Coronavirus
Wall Street Journal, Aug. 13, 2020–Stephen WilmotThe plush global hotel brands favored by international business executives have been hit hardest by Covid-19 and will likely take longest to recover. Midmarket …
Surprise Announcement From FHFA Just Made Your Refi Much More Expensive
MBS Live, Aug. 12, 2020–Matthew Graham (subscription)In what can only be described as a cash grab, Fannie and Freddie’s regulator just announced a new tax on refinances. Granted, it’s not …