Gross domestic product data showed a historic drop in the second quarter, even as new unemployment claims continued to rise. Source: Inman News
Posts published in “Markets & Economy”
Only 5.7 percent of the single-family loans guaranteed by the GSE were in forbearance at the end of Q2, down from 7 percent at the…
The National Association of Realtors’ Pending Home Sales Index increased 6.3 percent year over year in June, according to data released Wednesday. Source: Inman News
Mortgage applications decreased 0.8% week over week, even as rates stayed near historic lows. Source: Inman News
Stocks are now Americans’ preferred way to invest long term, according to a Bankrate survey of 1,007 American adults from June 29 to July 5. …
New data from the Census Bureau indicates that the homeownership rate surged to its highest point since the third quarter of 2008, but a change…
Company earnings this week and next will likely provide insight into how big an impact the pandemic has had on real estate. Here’s what to…
The number of mortgage loans in forbearance declined by 6 basis points, marking the sixth consecutive week loans in forbearance dropped. Source: Inman News
Home prices rose 4.5 percent in May, down slightly from a year ago, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. …