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MBA and ALTA's Digital Closing and eMortgage Virtual Boot Camp
...gas, get an overview of the standards and practices required for both title insurance and lending on digital transactions. 1:00 PM – 1:30 PM    Live Q......

Coronavirus Fueled Recession: Are We Officially In Recovery Mode?
...economy on the back of excessive leverage and unsavory dealings in the housing market. While bailing out the major banks was viewed overwhelmingly unfavorably, it was judged necessary to avoid......

JP Morgan, Wells Fargo, And Citigroup Lining Up To Kick Off Earnings Season
...Yang of Low Rates When long-term yields decline, that can weigh on mortgage rates, among other bank offerings. Sure enough, 30-year mortgage rates just haven’t been budging. They recently averaged......

Bay Area home sales plummet during coronavirus, but prices rise
Bay Area home sales plummeted in May, falling by more than one-third in most counties and by nearly half in San Francisco as COVID-19 fears chilled buyers and sellers. But the slowdown in......

What are brokered CDs?
...also allow you to expand insurance from the Federal Deposit Insurance Corporation (FDIC). Like traditional CDs, brokered CDs are issued by banks and are typically insured by the FDIC up to $250......

Build A Stronger Portfolio With Meritage Homes
...and design process and building more speculative (spec) homes to optimize the home sales process. With improving profitability and a strong balance sheet, Meritage Homes can not only survive......

Mortgage Rates Today, July 13, 2020 | Rates trend down
Bernadette Gatsby/Unsplash Several benchmark mortgage rates slid lower today. The average rates on 30-year fixed and 15-year fixed mortgages both fell. On the variable-mortgage side, the average......

Current Refinance Rates, July 13, 2020 | Rates tick lower
...see where rates are right now? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most current rates available. Here you can see the latest marketplace......

Lenders are slowly starting to offer jumbo mortgages again
...they’ve always made. It’s a different segment of the market.” Mortgage rates on jumbo loans Along with rates on conforming mortgages, rates on jumbos have been steadily declining. The average......

Charlotte housing market beginning to recover from pandemic
The Charlotte, N.C., housing market is slowly beginning to recover from the economic downturn of the COVID-19 pandemic, new data from the local real estate association show. June home sales......

Commercial Market Still Weakened by Coronavirus Impact as of June 2020
NAR’s July 2020 Commercial Market Insights report shows that the commercial real estate sector continues to struggle as a result of the coronavirus pandemic. The hotel and retail property markets......

NAR Reaffirms Its Stand on Fair Housing in National Ad
...to fair housing amid social unrest around race, are an extension of NAR’s “That’s Who We R” marketing campaign. The association also is providing print and social media assets for members and......

Major Homebuilder Reports Record Sales in June
...do business,” Palmer told CNBC in an earlier interview in June. Low mortgage rates and a shortage of existing homes may be prompting more buyers to seek new construction. Taylor Morrison also......

How Much Lower Can Mortgage Rates Go?
...record at the time. “The summer is heating up as record low mortgage rates continue to spur homebuyer demand,” says Sam Khater, Freddie Mac’s chief economist. “However, it remains to be seen......

Mortgage forbearances drop by largest amount since CARES Act passed
...minus loans where the borrower starts paying again and claims paid on foreclosures — grew from 19,781 to 69,742 loans. MGIC reported 19,358 new notices of delinquency in June, compared with......

Underwater or upside-down mortgage: What to know and do
...to rise and fall, such as rising interest rates, high rates of foreclosures and short sales in your area, and natural disasters, Boies says. However, underwater mortgages usually occur during......