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Have Faith In Your Stock Market Portfolio: It’s Coming Back
...local governments are taking non-cash actions such as temporary blocks on evictions, foreclosures and utility turn-offs. Additionally, private sector actions are being taken, particularly by......

Home Sellers Flee The Market As Coronavirus Concerns Grow
...are rippling through to nearly every segment of the economy, and the housing market is no exception. The outbreak has driven sudden changes in behavior among homebuyers and sellers in the United......

How To Get, And Give, Paycheck Protection Program Loans Through The SBA
...can be found . Treasury Secretary Steve Mnuchin announced last night that any FDIC bank, credit union and FinTechs will be allowed to make a loan, in addition to existing SBA lenders. The......

Number of Homes for Sale Has Dropped, But Prices Have Risen
...days faster than a year ago, realtor.com® reports. "The U.S. housing market had a good start to the year,” says Danielle Hale, realtor.com®’s chief economist. “Despite still-limited homes......

NAR Funds Telemedicine for Members in Need
...Members’ health coverage is one of dozens of concerns—arguably the most pressing—that NAR leaders have been grappling with since the COVID-19 pandemic began tightening its grip on the United......

Mortgage Rates Move Lower This Week
...consecutive week. The 30-year fixed-rate mortgage averaged 3.33%, Freddie Mac reports. “Mortgage rates have drifted down for two weeks in a row and that drop reflects improvements in market......

NAR Releases Guidance on Unemployment Assistance Eligibility
...out through each state and the U.S. Department of Labor. The NAR FAQ provides an overview of the program to see what individuals might be eligible for. “States are taking different approaches......

The 'forgotten cog' in the real estate machine during coronavirus
...procedure. But counties need to have remote capabilities or stay open, otherwise title insurance can't be obtained. If title insurance, can't be obtained, the flow of capital in the mortgage......

Certain mortgage jobs are bearing up as coronavirus spreads
...loans over the next several months, given the record low level of mortgage rates," Michael Fratantoni, chief economist at the Mortgage Bankers Association, said in an email. At the same time......

List Of Banks Offering Relief To Customers Affected By Coronavirus (COVID-19)
...or skip making loan payments for a finite period of time. The FDIC has since added to its website consumers’ about the impact of COVID-19 on their banking relationships. These FAQs are being......

Jumbo mortgage market disappearing as lenders shun risk
...of temporary relief. One reprieve prevents lenders from beginning the process of foreclosures only on federally backed loans for 60 days starting March 18. The other reprieve allows homeowners......

Should you pay off credit card debt before applying for a mortgage?
...refinance to a lower rate. This can be a riskier strategy since mortgage rates could climb, the price of real estate could drop or both. What about debt-to-income ratio? Having credit card......

Current refi market a strong opportunity for bank mortgage lenders
...during December thanks to a rise in the average 30-year fixed rate. Mortgage rates then hit an all-time low to start 2020, hinting that the ride is not over yet and suggesting that banks and......

Zillow, Opendoor And Other iBuyers Are Out, But This Homebuying Business Is Still Going Strong
...virtual consult if selling their house is a priority. “Nearly half of home sales annually occur between March and June, but the safety measures in place to prevent the spread of COVID-19 and......

Mortgage servicers teeter near crisis that regulators saw coming
...to stave off bankruptcy and a potential collapse of the U.S. housing market. Any rescue might not come quickly, as regulators are holding off on providing additional help to see if policies......

Will COVID-19 Kill Cities?
...the chaos and dislocation to impose excessive and destructive controls of the housing market now, because when people want to come back to the life they need and love in cities, we will need......

Mortgage refinance rates today, April 3, 2020 | Rates trend higher
...see where rates are right now? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most current rates available. Here you can see the latest marketplace......

Thanks To COVID-19, FHA Mortgage Lending Gets Stricter
...coronavirus outbreak—and the fears that it will set off a wave of foreclosures—that’s no longer happening. Paulino applied to refinance his FHA mortgage loan on March 4 and was approved—with......

Three Real Estate Investments For Diversifying Your Portfolio In 2020
...I’ve written extensively about . Here, I’ll just add that with mortgage rates continuing to hover around all-time lows, owning a rental property will continue to be an attractive investment in......

Mortgage rates today, April 3, 2020 | Key rates mixed
karamysh/Shutterstock Mortgage rates moved in different directions today. The average for a 30-year fixed-rate mortgage held firm, but the average rate on a 15-year fixed tapered off. On the......