Home prices look like they will continue to rise in 2021 according to realtor.com, but at a slower, more normal pace than they did in 2020. However, interest rates are slated to rise, as well, creating challenges for first-time buyers.
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The data analysts at Black Knight on Friday published weekly forbearance numbers. Due to the Thanksgiving holiday, the data covered activity through Monday (November 23) as opposed to the usual one-week period.
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COVID-19 has had a massive impact on home prices this year as inventory runs low and demand runs high.
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As foreclosure moratoria expire in 2021, depending on actual and anticipated extensions, there are a couple of likely scenarios for servicers, says real estate investor and contributor to Millionacres, a Motley Fool publication, Liz Brumer.
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While a home insurance policy is a must-have for any residential property owner, more than a few homeowners lack a proper understanding of what their policies cover.
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Over the last decade, U.S. suburbs have become more racially and ethnically diverse—not to mention more Democratic, according to Redfin.com.
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The total number of loans in forbearance took a slight uptick in the latest data from the Mortgage Bankers Association's (MBA) Forbearance and Call Volume Survey.
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According to a representative from Black Knight, their data analysts' monthly loan-performance report contains "pretty much good news all around, though most of it is the slow-and-steady-wins-the-race variety."
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The National Association of Realtors (NAR) reports that record-low mortgage rates and a lack of housing inventory have contributed to increased median single-family home prices. In fact, 65% of metros witnessed double-digit price growth within the last 12 months.
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The near-future state of the U.S. economy is predicated on how policymakers and the public respond to the increasing number of COVID-19 cases, according to the latest commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
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