While the Great Recession from 2007 to 2009 was especially hard on homeowners, all signs point to things being different this time around. Although COVID-19 has pushed the country into a recession once again, there's reason to believe home prices will stay…
By; Peter Warden Forecast plus what’s driving mortgage rates today Average mortgage rates rose yesterday. It wasn’t a big movement but it took that average back up to last Thursday’s level. You have to go back to May 19 to…
By Brian O'Connell Mortgage refinance rates are on a downward trend with the shadow of COVID-19 looming over the U.S. economy. Major mortgage lenders are in agreement that mortgage rates will continue to slide to historically low levels. Wells Fargo estimates a 2.93 percent rate for…
By: Peter Miller The Mortgage Reports Contributor How COVID-19 fundamentally changed mortgages Mortgage rates, mortgage applications, and the ways lenders do business have all been impacted by the coronavirus. That’s no surprise. We’re facing a pandemic that has led to unemployment…
