Initial claims for unemployment insurance fell to under 500,000 for the first time in more than a year, a further indication ahead of this morning’s employment report that the nation’s economic recovery—and rapid jobs creation—continue to gain steam.
LBA Ware, Macon, Ga., said its analysis of first quarter mortgage industry loan compensation showed increases in year-over-year refinance and purchase loan volume contributed to higher overall commissions for loan originators and loan processors despite a slight decline in basis points paid per loan.
International investors feel increasingly optimistic about U.S. commercial real estate, sparking increased interest in secondary and tertiary markets, said the Association of Foreign Investment in Real Estate, Washington, D.C.
Slightly under five million households did not make their rent or mortgage payments in March, an improvement from December 2020 and the lowest number since the onset of the COVID-19 pandemic, new research from the Mortgage Bankers Association's Research Institute for Housing America reported.
Freddie Mac, McLean, Va., and Fannie Mae announced new refinancing options aimed at helping lower-income homeowners.