Forbearance Rates Continue Their Decline
The total number of loans now in forbearance decreased by 9 basis points to 2.06% for the week ending Oct. 31, 2021. The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey estimates there are 1 million homeowners who are in forbearance...
Home Prices Continue Their Ascent
The median home price for single-family properties and condos has increased to $294,488. And since the pandemic hit in March of 2020, there’s been significant property appreciation across the board, with home values increasing, on average, by more than $41,000,...
‘It is Time to Taper,’ Fed Reveals Economic Plan
The Federal Open Market Committee (FOMC) met this weekend to approve plans to scale back its asset purchases amid improving economic activity and employment outlooks. As a result, Fed officials announced on Nov. 3 that it would begin “tapering” its...
Year-End Outlook: Climbing Mortgage Rates Strain Buying Power in 2022
Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022. Homeowners will likely look at the past year of mortgage rate...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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