NEWS: Summer is the new home-buying season

Summer Home buying

These Realtors have seen demand pick up over the last few weeks Julia Falcon May 22, 2020 Spring has historically been dubbed “home-buying season,” but as the last few months have been shut down due to the COVID-19 pandemic, is summer the next best thing? The beginning of 2020 saw the strongest time for mortgage…

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NEWS: MBA Says Buyers Will Return by Summer as Lockdown Ends

Buyers Will Return

Jann Swanson May 15, 2020 The Mortgage Bankers Association (MBA) says applications for financing new home purchases were down 25 percent in April compared to March and by 12 percent year-over-year. This data from MBA’s Builder Application Survey (BAS) does not include any adjustment for typical seasonal patterns. “New home purchase applications severely weakened in April, which…

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NEWS: What does the mortgage industry’s post-pandemic future hold?

Post Pandemic

Three prominent mortgage industry leaders predict pent-up demand and a still-percolating purchase market will blossom in the post-pandemic weeks Phil Hall April 24, 2020 The challenges facing the mortgage industry were raised by three prominent industry leaders during a webinar sponsored by the National Association of Minority Mortgage Brokers of America. Kristy Fercho, president of mortgage…

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