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MBA: 2Q Mortgage Delinquencies Fall to One-Year Low
The Mortgage Bankers Association on Thursday released its Second Quarter National Delinquency Survey, showing the delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 5.47 percent of all loans outstanding—the lowest rate since first-quarter 2020.
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CFPB Report: Refi Loans Drove Increase in 2020 Closed-End Originations
The Consumer Financial Protection Bureau issued another report of its analysis of Home Mortgage Disclosure Act data on Thursday, noting closed-end mortgage originations, as well as applications, increased substantially between 2019 and 2020.
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Rent Prices Soar Beyond Pre-Pandemic Projections
A strong and widespread recovery of rents has pushed prices beyond where they would have been had the coronavirus pandemic never occurred, reported Zillow, Seattle.
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Unemployment Insurance Claims Down Another 29,000
Initial claims for unemployment insurance fell by 29,000 last week, moving closer to pre-pandemic levels, the Labor Department said Thursday.