For most people, the foreclosure crisis is a distant memory. Foreclosure activity, in fact, has been unusually low since the government implemented a national moratorium and an unprecedented mortgage payment forbearance program at the beginning of the COVID-19 pandemic. Five years later, foreclosure activity is still about 30% lower than it was in 2019, but […]
FHA loan delinquencies: Is a perfect storm brewing? Read More »
Lane McCormack has been named president of Berkshire Hathaway HomeServices Beach Properties of Florida, according to an announcement on Thursday from HomeServices of America. McCormack, a veteran real estate executive with more than 28 years of industry experience, joins the Northwest Florida brokerage from Ansley Real Estate/Christie’s International Real Estate. She spent seven years at
Lane McCormack named president at BHHS Beach Properties of Florida Read More »
The day began on a fairly hopeful note for the mortgage market. During overnight trading hours, the bond market improved following a report regarding a peace framework sent to Iran by The U.S. When bonds improve, rates fall, all else equal. The gains were modest, but they allowed the average lender to set their first
Mortgage Rates Erase Early Improvement Read More »