A report from the Wall Street Journal. "Fannie Mae and Freddie Mac said they would impose a new fee to insulate themselves from losses on refinanced mortgages they guarantee, a sign of potential turbulence in the housing market. 'For the…
A report from Mortgage News Daily. "CoreLogic said the number of loans in each stage of delinquency, with the exception of those in foreclosure, grew in May, the second straight month that early-stage (loans 30 to 59 days past due)…
A report from the Los Angeles Times in California. "In downtown Los Angeles, rent for a 566-square-foot one-bedroom at the Eighth and Grand luxury apartments would have set you back at least $2,286 at the end of January, according to…
A report from Curbed New York. "During what would have normally been the busiest season for rentals, new listings are flooding the market to far less demand. July saw 30 percent more rental listings across the city but 35 percent…
A report from TRNTO in Canada. "According to Toronto Regional Real Estate Board, the number of condo rental units on the market in the second quarter was up 42 per cent compared to the same period last year. Prices in…
A report from My Northwest in Washington. "Matthew Gardner, chief economist for Windermere Real Estate, says just shy of 8% of all homes with mortgages in the United States are in forbearance today. 'That number has been dropping back over…
A report from the Wall Street Journal. "Forbearance allows homeowners to suspend their monthly payments when they experience a virus-related hardship without the usual consequences of delinquency or even foreclosure. The flood of requests have mortgage servicers working overtime and…
It's Friday desk clearing time for this blogger. "Almost one-third of households, 32%, owed money for missed rent or mortgage payments from previous months at the beginning of August, according to Apartment List. It is best to give your landlord…
A report from Habitat. "The Federal Housing Finance Agency (FHFA) implemented measures in March to ensure that millions of homeowners weren’t put out on the street in the middle of a pandemic. Protections include a moratorium on foreclosures for anyone…
A report from Arlington Now in Virginia. "What a difference a few months can make. We’ve certainly seen the COVID-19 pandemic make its mark on the Just Reduced column. At the beginning of the year we were seeing only a…