The unofficial start of the spring home buying season began with a bang, as mortgage applications jumped more than 15 percent from the previous week and key interest rates hit a seven-year low, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the week ending Feb. 28.
Tag: Coronavirus
CDC Business Sector Call on COVID-19 Today
The Centers for Disease Control and Prevention will hold a Business Sector Call today, Mar. 4, at 3:00 p.m. ET to discuss latest developments on COVID-19, also known as the coronavirus.
Fed Cuts Rates Amid Coronavirus Risks
The Federal Reserve yesterday made an emergency cut to the federal funds rate, citing “evolving risks” stemming from the global coronavirus outbreak.
The Week Ahead
It’s only March, but there’s already a Word of the Year: “Coronavirus.”
CDC Issues Interim Guidance for Businesses, Employers on Coronavirus
Amid growing public concerns about the spreading coronavirus epidemic, the Centers for Disease Control and Prevention this week issued an Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19).
CDC Issues Interim Guidance for Businesses, Employers on Coronavirus
Amid growing public concerns about the spreading coronavirus epidemic, the Centers for Disease Control and Prevention this week issued an Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19).
#MBAServicing2020: For Servicing Industry, A Cautious Economic Outlook
ORLANDO—Low mortgage rates, improved home-building rates and a growing number of people aspiring to homeownership makes for an optimistic formula for the mortgage servicing industry, said Mortgage Bankers Association economists, despite some potential headwinds in the short term.