Few First-Time Homebuyers Did Well During the Pandemic Reports Nerdwallet Analysis

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In: Realtor News

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A new report by Nerdwallet has found that during the third quarter the property prices dropped 1% and inventory rose 31% on average across the country showing some ray of light for first-time homebuyers. In its quarterly report the companyContinue Reading

COVID And Supply Chain Shortage Led To Fannie Mae Revising Its Forecast

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In: Realtor News

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As per Fannie Mae’s Economic and Housing Outlook of this month, in the second half of 2021, consumer spending and supply chains will be greatly impacted on the US economy. Fannie Mae today in a statement announced that the full-yearContinue Reading

Mortgage Servicers have Stepped up during COVID

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In: Mortgage News

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The 2020 Consumer Response Report was recently released to Congress by the Consumer Financial Protection Bureau.  According to the report, complaints against mortgage servicers were down by 3.5% while the overall complaints were found to have gone up by 54%Continue Reading

Pandemic keeps hitting the Housing Market

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In: New Home Mortgage News, Realtor News

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Last updated on February 2nd, 2021 at 05:43 pmAfter a brief pullback at the end of June, The first week of July saw many homebuyers rushing back into the mortgage market, to take advantage of record-low mortgage rates.  Mortgage applicationsContinue Reading

List of Banks Offering Help to Customers Impacted by the COVID-19 Situation

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In: Mortgage News

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Last updated on June 21st, 2023 at 08:39 pm Banks the nation over are finding a way to help shoppers affected by the destructive coronavirus. As of March 23, there are in excess of 42,000 affirmed instances of the infectionContinue Reading