The Mortgage Bankers Association’s Forbearance and Call Volume Survey showed little change over the holiday season--and in fact, has shown little change over the past two months.
Despite near-record low interest rates, Americans had the holidays in mind and not mortgages, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the weeks ending Dec. 25 and Jan. 1.
The Zillow analysis said homes owned by Black and Latino households are worth 16.2% and 10.2% less, respectively, than the typical U.S. home -- gaps that have closed by about 4 percentage points from their widest points following the Great Recession.
Yardi Matrix, Santa Barbara, Calif., said multifamily sales transactions fell sharply in 2020 due to the pandemic. But a rebound could be on the way.