Financing Purchase Index on the Rise Despite Drop in Weekly Mortgage Application Volume The weekly total mortgage loan application volume fell 3.3 percent, but luckily for home builders, the majority of the drop came from...
Financing Purchase Mortgage Volume Hits Highest Level in a Month Though the overall mortgage application volume for the week ending on April 24 may have been down, the week’s numbers actually bring good...
Economics Reasons for Economic Recovery, and How Builders Can Plan for It More than two months into an economic downturn that rivals the worst of the Great Recession, Robert Dietz and his team are working to help builders make sense of COVID-19's impact on the housing industry
Financing Mortgage Applications Surge May Signal Return of Homebuyer Confidence Need a midweek pick-me-up? The housing market is showing early signs that it could be making a comeback as the weekly mortgage application...
Financing Post-Closing Appraisals Now Possible for Certain Borrowers, Thanks to New Emergency Rules To alleviate the challenges faced by homebuyers during the coronavirus pandemic, borrowers with good credit seeking a mortgage loan can now...
Financing How the Mortgage Industry’s Cash Crisis May Hurt Borrowers The recently passed Cares Act includes a provision that allows homeowners to stop paying mortgages for up to a year, and with unemployment...
Financing Borrowers Struggle to Secure Loans Amid Mortgage Market Instability Experts expect even more mortgage market volatility as a wave of borrowers ask lenders for payment delays through the Cares Act. But if...
Financing Treasury Department Confirms Paycheck Protection Program Applies to Small Construction Firms Good news for builders: Any small construction company can apply for the Paycheck Protection Program regardless of revenue, according to new...
Financing Borrower Requests to Delay Mortgage Payments Soar Nearly 2,000% Requests to delay mortgage payments jumped 1,896 percent between the week of March 16 and the week of March 30. Those high percentages may...
Financing Lenders Ask Feds for Cash to Avoid Collapse Amid Mortgage Payment Delays The Cares Act mandates that lenders allow borrowers with government-backed mortgages to delay monthly payments for at least 90 days and up...