Instant Reaction: Mortgage Rates, October 15, 2020
Instant Reaction: Mortgage Rates, October 15, 2020 Mortgage rates sharply fell this week reaching a new record low. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
Hispanic Heritage Month: Hispanic Home Owners
Hispanic Heritage Month: Hispanic Home Owners NAR compared the socioeconomic status and the effects of COVID on Hispanic Americans to those of other Americans. By: Nadia Evangelou Powered by WPeMatico
Office Property Market Suffered Large Occupancy Losses, With Likely Full Recovery by Q2 2022
Office Property Market Suffered Large Occupancy Losses Office occupancy suffered its biggest loss yet in the second quarter of 2020. By: Scholastica (Gay) Cororaton Commercial & Investment Real Estate, Office Property Powered by WPeMatico
Housing Affordability Weakens in August 2020 as Home Prices Rose Faster than Median Family Incomes
Housing Affordability Weakens in August 2020 At the national level, housing affordability declined in August 2020 compared to a year ago and fell compared to July. By: Michael Hyman Powered by WPeMatico
Weekly Jobless Claims Flattening
Weekly Jobless Claims Flattening While the housing market has undoubtedly had a V-shaped recovery, the labor market hasn’t rebounded yet to its pre-pandemic levels. By: Nadia Evangelou Powered by WPeMatico
Instant Reaction: Mortgage Rates, October 8, 2020
Instant Reaction: Mortgage Rates, October 8, 2020 Mortgage rates fell slightly this week as mortgage applications rose. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
Low-Wage Workers, Millennials, Blacks, and Those with Less than a High School Degree are Struggling Amid Job Recovery
Groups Struggling Amid Job Recovery Unemployment rates are highest among millennials, Blacks, and those with less than a high school degree. By: Scholastica (Gay) Cororaton Powered by WPeMatico
Obtaining Credit and Income Growth Expectations
Obtaining Credit and Income Growth Expectations Income and credit conditions are two main factors that affect the ability of consumers in obtaining a loan for a home or other personal property. By: Michael Hyman Financing & Credit Powered by WPeMatico
New unemployment claims fell last week by 5%
New unemployment claims fell last week by 5% The number of people who applied for unemployment benefits dropped last week, with a decrease of nearly 5% from the previous week. By: Nadia Evangelou Powered by WPeMatico
Instant Reaction: Jobs, October 2, 2020
Instant Reaction: Jobs, October 2, 2020 The jobs recovery continued in September, with another 661,000 net new jobs. Government jobs fell, and layoffs of school support staff occurred. By: Lawrence Yun Powered by WPeMatico