The share of mortgages in forbearance dropped for a sixth straight week, showing one of the largest decreases in the rate since the pandemic began. …
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The share of mortgages in forbearance dropped below 5% in March for the first time since the beginning of the pandemic, as homeowners resuming their…
The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to…
The number of mortgage loans in forbearance stayed constant from the previous week at 5.54 percent, according to the Mortgage Bankers Association. Source: Inman News
The unemployment rate declined to 6.9 percent, according to the Bureau of Labor Statistics, but the country as a whole is still down about 10…
A dip in prime age participation usually goes hand-in-hand with slower wage growth, according to Odeta Kushi, the deputy first economist at First American. Source:…
Mortgages in forbearance decreased from 6.93 percent to 6.87 percent during the week ending Sept. 20, according to the Mortgage Bankers Association. Source: Inman News
As Congress continues to be at a standstill in passing a second stimulus bill to support Americans who have become unemployed as a result of…
Three chief economists share how FHA homeowners have been disproportionately impacted by 2020’s coronavirus-induced unemployment boom and what it means for next year’s market. Source:…
After 10-straight weeks of mortgage loans in forbearance declines, the total number of loans in forbearance appears to have flattened out at 7.2 percent. Source:…