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Lending (939)

Mortgage Rates Dip Below 3% Again Amid COVID-19 Uptick

Long-term U.S. mortgage rates have crossed below the 3% threshold again, as mounting COVID-19 infections appeared to offset rosy economic figures. So reports MarketWatch. Read more...

Big Landlords Go After Evictions Despite Federal Measures

Large landlords with multistate property portfolios have been among the busiest in filing eviction cases against households, despite the Centers for Disease Control and Prevention’s moratorium on evictions. So reports Reuters. Read more...

Bodnar of MMG: Bond Market Not Scared of Inflation

Bill Bodnar of the Mortgage Market Guide (MMG) has been saying for weeks that inflation may not be a problem. If the bond market is supposed to be scared of inflation, someone better let the bond market know, because interest rates are not behaving as though inflation is an issue. Read more...

No End in Sight for Timber’s Boost to Home Prices

A surge in lumber markets amid a tight supply chain will probably continue through the U.S. summer home building season, pushing home prices ever higher. So reports Bloomberg. Read more...

Most Americans Plan to Spend Stimulus Within Three Months

More than six in 10 U.S. adults receiving a third coronavirus relief payment worth $1,400 per adult said the money won’t keep them afloat for more than three months, according to a recent survey. So reports Bankrate. Read more...

Mortgage Rates Fall for Second Straight Week

U.S. average mortgage rates have logged a second consecutive week of declines after upbeat economic data. So reports the Associated Press. Read more...

Biden Brings Back Two Fair Housing Rules Gutted by Trump

The Biden administration has moved to reinstate two Obama-era fair housing rules that Trump dismantled late in the 2020 presidential campaign. So reports Bloomberg. Read more...

Forbearance Plans Fall 9% in a Week: Black Knight

Not only did we see a sixth week of declining forbearance plan volumes, but this week we saw the largest drop in six months, according to recent data from Black Knight. Read more...

Bodnar of MMG: Fed Fears Turn to Cheers

The markets were on edge heading into the Fed Minutes. However those fears turned into cheers, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...

CFPB Moots Servicing Rule Change to Curb COVID-19 Foreclosures

The Consumer Financial Protection Bureau (CFPB) has proposed changing mortgage servicing rules to keep homeowners from being forced into foreclosure later this year due to the pandemic. So reports CNBC. Read more...

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