Mortgage applications fell for the second straight week, albeit slightly, even as key interest rates continued to hover at record lows, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending June 26.
Tag: Coronavirus
Technology Talk: Q&A with SS&C’s Bob Wright, CMB, CCMS
MBA NewsLink interviewed Bob Wright, CMB, CCMS,about SS&C Technologies’ work-from-home experience and his experience with Coronavirus.
Mortgage Applications Decrease Again in MBA Weekly Survey
Mortgage applications fell for the second straight week, albeit slightly, even as key interest rates continued to hover at record lows, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending June 26.
Technology Talk: Q&A with SS&C’s Bob Wright, CMB, CCMS
MBA NewsLink interviewed Bob Wright, CMB, CCMS,about SS&C Technologies’ work-from-home experience and his experience with Coronavirus.
May Pending Home Sales Back in Happy Place
Pending home sales mounted a record comeback in May, the National Association of Realtors said yesterday, jumping by more than 44 percent after two monthly declines stemming from the coronavirus pandemic.
May Commercial Real Estate Sales Slump
Real Capital Analytics, New York, reported commercial property sales sank again in May as the COVID-19 crisis kept investors on the sidelines.
Final 1Q GDP Estimate Shows Economic Growth Down 5%
Real gross domestic product decreased by 5 percent in the first quarter, according to the third (final) estimate released Thursday by the Bureau of Economic Analysis.
Initial Claims Level Again at 1.5 Million
American workers filed 1.5 million new applications for jobless benefits last weeks, the Labor Department reported Friday—the third consecutive week at that level, but still at historically high levels in the wake of the coronavirus pandemic.
MBA Transitions All Fall Conferences Online
The Mortgage Bankers Association announced June 24 that all of its fall conferences—including the MBA Annual Convention & Expo—will take place online out of an abundance of caution stemming from the coronavirus pandemic.
RE/MAX: Home Sales Fell in May Amid Pandemic
Despite a rosier report this week from HUD and the Census Bureau, which reported a 16.6 percent increase in May new home sales, the overall home market suffered a bit, according to RE/MAX, Denver, which reported “muted” home sales activity in May.