![](https://newslink.mba.org/wp-content/uploads/2020/07/InitialClaims070920.jpg?w=390&h=246&crop=1)
Unemployment Claims Top 1M for 16th Consecutive Week
The good news: initial claims fell for the 14th consecutive week, the Labor Department said yesterday. The bad news: despite the decrease, initial claims topped one million for the 14th consecutive week and look as if they will continue to do so for several more weeks.
![](https://newslink.mba.org/wp-content/uploads/2020/07/MCAIJuly2020.jpg?w=390&h=215&crop=1)
Mortgage Credit Availability Falls Again, Remains at 6-Year Low
Mortgage credit availability fell in June for the fourth consecutive month, remaining at a six-year low, the Mortgage Bankers Association reported this morning.
Rent Cuts Disappearing in Many Markets As Apartment Demand Rebounds
When COVID-19 hit in mid-March, apartment operators quickly cut rents as demand evaporated. Today leasing volumes are “surging” and rent cuts are quickly disappearing in many big U.S. metros, reported RealPage, Richardson, Texas.
![](https://newslink.mba.org/wp-content/uploads/2020/07/FannieMae070620Cover.jpg?w=390&h=260&crop=1)
Fannie Mae: Explore eClosing Scenarios
Did you know electronic closings can occur in different ways? Take a closer look at two digital closing scenarios: hybrid and full eClosing with remote online notarization (RON).