SCR News Feed

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 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 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 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 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 Mortgage rates fell slightly this week as mortgage applications rose. By:  Nadia Evangelou Mortgage Financing Powered by WPeMatico

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 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% 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