Tag Archives: COVID-19

Not since early 2011 have mortgage rates hit the 5% mark, but this week, that became a reality, as elevated home prices and short supply are making the dream of homeownership an expensive proposition.

The housing market is currently in a tizzy—prices hit new records seemingly every day, while inventory sits near record lows. Even with the market in its current state, ...

Mortgage rates rose once again this week, creeping closer to the 4.75% mark, rapidly closing the door on affordability for many.

From pandemic pressures to supply chain challenges, Dan Bailey of WFG Lender Services discusses how homeowners are looking to access their homes’ equity.

Listing on a Thursday in late April can earn 2.8% more, or approximately $9,300 on the average U.S. home, according to a new Zillow report.

At the beginning of the COVID-19 pandemic, demand for condominiums plummeted 48% to lows not seen since 2012 as people fled high-density areas in an attempt to escape ...

It has been 732 days since the Federal Reserve Open Market Committee (FOMC) cut interest rates in an emergency meeting in light of the then-blossoming COVID-19 pandemic. But all ...

With a lack of supplies, a spike in the cost of raw materials, and affordability concerns tugging at the housing market, Ward Morrison, President of Motto Mortgage, recently spoke with MReport to address the impact of supply chain issues on the marketplace.

The GSEs’ recent switch to allow for desktop appraisals could usher in “a new area for collateral valuation.”

MReport takes a closer look at the ripple effects caused by supply chain issues on the housing market, and when we can target a return to the days of a normal supply of housing inventory.