During the week ending June 14, mortgage loans in forbearance decreased to 8.48 percent, down from 8.55 percent the previous week, according to the Mortgage…
Posts published in “freddie mac”
The share of mortgage loans in forbearance modestly rose to 8.55 percent of servicers’ portfolio volume during the week ending on June 7, up from…
Despite a 0.07 week-over-week increase in forbearance requests, the Mortgage Bankers Association said homeowners’ financial situations are turning around. Source: Inman News
Some 4.2 million Americans are now using forbearance programs. However, the rate at which loans are going into forbearance is slowing, suggesting conditions are stabilizing. …
Loan officer Breon Price shares what first-time buyers can do to increase their chance of approval despite tighter lending standards amid the pandemic. Source: Inman…
The number of mortgage loans in forbearance increased from 7.54 percent of servicers’ portfolio volume. Ginnie Mae held the largest share of loans in forbearance. …
Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner looks at the data to determine the pros and cons of…
Sam Khater, chief economist at Freddie Mac, believes we’re starting to see American metros becoming more like European cities, where low- and middle-income individuals live…
The average rate for a 30-year, fixed-rate mortgage is at an all-time low, but it could drop further if the economy stabilizes. Source: Inman News
Homeownership rates for LGBT Americans lag behind those of the broader population. A new report suggests fears of discrimination may be contributing to that difference. …