Exceptionally strong demand, historically low supply and record low mortgage rates are combining to spur the fastest home price growth since 2018. Nationally, house prices in July were 5.5% higher than in …
Read More »
valentinrussanov | E + | Getty Images If economic catastrophe from coronavirus persists, distressed homeowners may find themselves facing a terrible prospect next year: foreclosure. The CARES Act, the epidemic relief act …
Read More »
After apparently improving in July, the number of borrowers struggling to make their monthly mortgage payments has essentially flattened and now threatens to move higher. As of August 25, 3.9 million homebuyers …
Read More »
A mixed-race couple in Florida, whose home in Jacksonville was initially appraised, returned $ 330,000 in June, saying that the same residence was valued at 40 percent of the second valuation after …
Read More »
Contractors frame the roof of a house under construction in Park City, Utah on Friday, August 14, 2020. George Fray | Bloomberg Getty Images Homebuyers seem to have an incredible appetite for …
Read More »
The Federal Housing Finance Agency has instructed Fannie Mae and Freddie Mac to impose a new fee intended to cover losses from the coronavirus epidemic. Fannie Mae and Freddie Mac announced earlier …
Read More »
McDonald’s Corp. said its continued investigation into former CEO Steve Easterbrook’s conduct is investigating whether he covered connivance by other employees with possible malpractice allegations within the human resources department. McDonald’s filed …
Read More »
I hope you have not planned to spend the proposed second round of incentive payments. As each week passes in this long summer, the chances of receiving those payments become increasingly questionable. …
Read More »
According to the National Association of Realtors, sales of existing homes increased 24.7% in July compared to June. These numbers represent closed sales, meaning contracts entered into in May and June. This …
Read More »
Even since the epidemic has spread, many evictions have been avoided. No-mad | iStock | Getty Images President Donald Trump said earlier this month that he did not want people to be …
Read More »