HousingWire, June 19, 2020–Alex RohaMortgage Bankers Association senior vice president, Steve O’Connor, led the initial discussion on minority homeownership and the MBA’s Black Homeownership initiative. Some challenges the MBA cited …
Category: Top National News
Government Extends Moratorium on Some Foreclosures and Evictions Through August
Yahoo! Finance, June 19, 2020–Dhara SinghThe Mortgage Bankers Association is advocating for even more aid, saying the government should offer a helping hand. “MBA believes it is necessary to support …
Government Extends Moratorium on Some Foreclosures and Evictions Through August
Yahoo! Finance, June 19, 2020–Dhara SinghThe Mortgage Bankers Association is advocating for even more aid, saying the government should offer a helping hand. “MBA believes it is necessary to support …
Racism in U.S. Homeownership
National Mortgage News, June 19, 2020–Brad Finkelstein, Paul Centopani, Bonnie Sinnock (subscription)How the mortgage and housing industries react to the current civil rights moment could shape policies and bridge the …
Mortgage Rates Drop to Another Record Low–Here’s Why Americans May Not Want to Wait…
MarketWatch, June 19, 2020–Jacob PassyLow mortgage rates are stoking the housing market’s recovery from the coronavirus, but there may be limits to how much of a boost they will give.https://www.marketwatch.com/story/mortgage-rates-drop-to-another-record-low-but-heres-why-americans-should-think-twice-about-waiting-to-lock-them-in-2020-06-18
Mortgage Rates Hit New Low Once Again; Experts Say They’ll Stay There
Forbes, June 19, 2020–Aly YaleMortgage rates hit another record-breaking low this week, dropping to a mere 3.13 percent on the average 30-year, fixed-rate loan. That’s the lowest rate recorded since …
Commercial, Multifamily Mortgage Delinquencies in U.S. Remained Low in Q1
World Property Journal, June 19, 2020–Michael GerrityAccording to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report, commercial and multifamily mortgage delinquencies in the U.S. remained low at the end of …
Rising Seas Threaten an American Institution: The 30-Year Mortgage
New York Times, June 19, 2020–Christopher FlavelleClimate change is starting to transform the classic home loan, a fixture of the American experience and financial system that dates back generations. “Lenders …
When the All-Clear is Sounded
UExpress, June 19, 2020–Lew SichelmanIt may be too early to forecast exactly what lies ahead for the housing market once COVID-19 passes into the history books. But at this point, …
Even with Mortgage Assistance, 47% of Homeowners Have Considered Selling Their Home Due to the Pandemic
HousingWire, June 18, 2020–Julia FalconBecause of the pandemic, 52% of people said they are routinely concerned about making their mortgage payments and 47% said they have considered selling their home …