More Americans are missing their house payments according to a recent MReport. In May, another 723,000 homeowners became past due on their mortgages. This pushed the national delinquency rate to 8.5, which is the highest level in years. There are now roughly 4.3 million American homeowners who are [...]

According to a recent DSnews report, the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will extend their single-family moratorium on foreclosures and evictions until at least August 31, 2020. The current moratorium was set to expire on June 30, so they are being given [...]

According to a recent MReport, mortgage rates fall to an all time low. Data from Freddie Mac’s Primary Mortgage Market Survey revealed that while the economy has been rocky since the COVID-19 outbreak, the housing market is on the road to recovery. The survey concluded that mortgage rates [...]

According to a recent MReport, housing activity has increased and newly-pending sales grew 13.6% last week and 28.5% monthly. Zillow reported that while new listings increased to 16.9%, they are still roughly 19% lower than they were a year ago. The total for-sale inventory fell 2.6% in the [...]

According to a recent MReport, there has been a growing importance of real estate agents during the COVID-19 pandemic. The National Association of Realtors conducted a survey, which found that 65% of potential buyers who went to an open house within the last year felt comfortable with the [...]

According to a recent MReport, prospective buyers are willing to pay more for the home they want. Lombardo Living conducted a survey which found that 41% of buyers would go over budget by an average of $25,000. They also found that average buyers look at more than 19 [...]