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Chris Frankie
Growth Shifting to Second-Time Homebuyers: Genworth Report
- Friday, 20 March 2020
First-time homebuyer growth is turning a headwind into tailwind for the second-time homebuyer market. That’s according to Genworth Mortgage Insurance’s First-Time Homebuyer Market Report. The pool of potential second-time homebuyers increased for the first-time since 2008 to 8.3 million in 2019 and will grow by over three million in five years.
Read more...Refinances Jump to 10-Year High After Rates Tumble
- Wednesday, 18 March 2020
As concerns about the coronavirus health emergency drive down interest rates, homeowners are rushing to refinance their mortgages. So reports CNBC.
Read more...European Banks Delay Mortgage Payments for COVID-19 Victims
- Thursday, 19 March 2020
Institutions in Italy and the United Kingdom have been working to push back mortgage payment deadlines for borrowers impacted by the coronavirus. So reports CNN.
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