Happy Friday! We are 11 days away from Groundhog day & 23 days away from Valentine’s Day ☕️ President Biden will issue an executive order that will allow workers to draw unemployment benefits if they quit their jobs (New York Times), Senate Republicans pushed to delay the impeachment trial of former president Donald Trump for
The end of the Trump administration is the end of the best hope for hedge-fund investors who bet that Fannie Mae and Freddie Mac would one day be returned to private hands (Wall Street Journal) The trade seemed likely to pay off four years ago, when Treasury Secretary Steven Mnuchin stated his
Housing activity is slowly gearing up this January following a record end to 2020. All index components but home price growth remained below the pre-holiday pace, but buyer and seller activity improved from the previous week (Realtor) Median listing prices grew at 15.0 percent over last year, notching 23 consecutive weeks of
Freddie Mac released the results of its Primary Mortgage Market Survey, showing that the 30-year fixed-rate mortgage averaged 2.77% which is a two basis points drop (Freddie Mac) The 30-year fixed-rate mortgage averaged 2.77 percent with an average 0.7 point for the week ending January 21, 2021, down from last week when
Thanks to the economic impact of COVID millions of American homeowners are struggling to keep up with their mortgage payments. As a result, the mortgage delinquency rate has soared according to CoreLogic Loan Performance Insights Report (CoreLogic) As of October 2020, the serious delinquency rates for Federal Housing Administration (FHA),
ATTOM Data Solutions released its Q4 Special Coronavirus Report spotlighting county-level housing markets around the United States that are more or less vulnerable to the impact of the virus pandemic (ATTOM Data Solutions) The report reveals that New Jersey, Illinois, California, Louisiana, New York, Florida and Maryland had 40 of