Driven by pent up buyer demand and low interest rates, home sales in the U.S.
The Consumer Financial Protection Bureau (Bureau) today released a statement and FAQs outlining the responsibility of certain financial firms during the pandemic. In the statement, the Bureau outlines the billing error responsibilities of credit card issuers and other open-end non-home
Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 8, 2020.
The Market Composite Index, a measure of mortgage loan application volume, increased
To ensure homeowners and renters have the most up to date and accurate housing assistance information during the COVID-19 national emergency, today the Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA), and the Department of Housing and Urban
WASHINGTON – The U.S. Department of Housing and Urban Development Secretary Ben Carson today announced the allocation of a
The Federal Reserve Bank of New York’s Center for Microeconomic Data released the April 2020 Survey of Consumer Expectations, which shows considerable deteriorations in households’ expectations about most economic outcomes. The perceived probability of losing one’s job reached
MARKET COMMENT
Mortgage bond prices finished the lower which put upward pressure on rates. Rates started the week higher Monday morning and that trend continued through Thursday. The changes were within a narrow range daily but cumulatively over the course of
THE EMPLOYMENT SITUATION -- APRIL 2020
Total nonfarm payroll employment fell by 20.5 million in April,
