Key Highlights According to ATTOM Data Solutions,07M refinance mortgages secured by residential property (1 to 4 units) originated in Q12 2020 Refinance loans accounted for 55.7% of all home loans in Q1 2020 Q1 2020 refinance mortgages represented estimated $328.5B in total dollar volume Refinance mortgages for residential properties (1 to 4 units) were the name of the mortgage market...

Key Highlights Existing home sales plunged to -17.2% in April, the lowest level in a decade This plunge follows a drop of -17.8% in March Existing home sales continued its downward spiral of -17.8% in March to another -17.2% in April, according to the National Association of REALTORS® (NAR). Danielle Hale, realtor.com’s chief economist, said, “Sales are at the worst level...

Key Highlights Number of mortgages now in forbearance rose from 4.1M to 4.2M last week 4.2M mortgages in forbearance represents 8.4% of outstanding home loans, according to the Mortgage Bankers Association Homeowners in forbearance will be able to apply for refinancing Homeowners are still applying for mortgage forbearance, just at lower levels. This last week the number of mortgages in...

Today's Podcast is the anecdote to the often depressing, anti-motivational news headlines. Celebrate with Tim and Julie Harris the return of the housing boom. While uncertainty of what will happen for home sales later this year persists there can be no doubt that this is a true home selling boom. Listen now and learn how to make the most...

Key Highlights According to com, median listing price in US +1.4% y/y for week ending May 9 Existing home sales in April down almost -18% but prices up +7.4% from one year ago Meanwhile, 41.8M Americans have lost jobs in last ten weeks It feels as though we’re living in some sort of Twilight Zone with home sale prices rising...

Key Highlights Median US home price hit new record in April Will true health of market be revealed when government deferral benefit ends? Certainly housing market professionals are dancing in the streets as median US home prices hit a new record high in April and have pretty much remained at that high point level in May. Download Your FREE Ultimate Agent...

Key Highlights Purchase applications gained for sixth straight week Application level +6.7% higher than one year ago According to Mortgage Bankers Association, purchase applications jumped +9% last week For the first time in weeks, no months, purchase applications are the news in the mortgage world, not refinance applications. According to the Mortgage Bankers Association (MBA), purchase applications rose +9% last...

Riots, Locusts (yes they have returned), Pandemic, Economic Crash....and even Aliens. Can we all agree that the first part of 2020 has been 'interesting'? What should you be doing now to make it so DESPITE the historic headwinds you are going to make 2020 your best year ever? YES, you read that right. You can achieve now at a...

Key Highlights According to new NPR/PBS News Hour/Marist Poll, two-thirds of Americans expect return to normalcy to take 6 months Lee Miringoff, director of Marist Institute for Public Opinion, there is “real disconnect between public opinion and public policy” The findings of a new NPR, PBS News Hour/Marist poll suggests that most Americans, 66% of Americans, believe it will take...

Key Highlights According to the Conference Board latest survey, Americans feeling worse about present and a bit better about future than last month Conference Board reports that gradual reopening of economy helped improve consumer sentiments Americans are still feeling blue about present business conditions but are beginning to feel more upbeat about the future than they did last month, according...