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Napa County home sales fall dramatically in May
Napa County home sales sank like a rock this May, dropping 54% compared to one year ago, the California Association of Realtors reported. It's another sign of the continuing economic impacts......

D.R. Horton, Lennar, and KB Homes: Stocks To Play The Housing Recovery
The U.S. housing market has shown signs of recovery despite the coronavirus pandemic, with demand appearing to outstrip supply with inventory remaining tight. Pending home sales - a measure of......

The Cost Of Cash For Unbanked Cannabis Businesses
...comes down to a few characteristics. These include whether your money is FDIC insured, whether you can transfer money via automated clearing house, and whether money is available through checks......

The Post-Pandemic Real Estate Market
...very well during this time. June is coming in on plan. • Home sales in April and May were down by a full 50%, but they appear to be stabilizing now in June. • Demand from buyers is as high......

Mortgage Interest Rates Today, July 3, 2020 | Rates ease
karamysh/Shutterstock Several key mortgage rates ticked downward today. The average rates on 30-year fixed and 15-year fixed mortgages both receded. On the variable-mortgage side, the average......

Ask Bankrate: Questions about house payments and retirement, student loan debt and more
...need to think long term, at least three years out. Plus, if mortgage rates fall further – not a great chance, but still possible – you could refinance into an even cheaper mortgage. In this strategy......

Fair Housing CEO: How to remake the housing system so it works for everyone
...going to be reversed. She spoke to Bankrate about inequalities in the housing market. Why has the homeownership gap between White Americans and African-Americans stayed so stubbornly wide? Rice:......

President Trump Expected to Sign PPP Extension
...was granted to independent contractors and sole proprietors who meet certain guidelines. NAR has also called on Congress to automatically forgive all loans under $150,000.   “Congress is expected......

Mortgage Rates Approach 3% Mark
...recorded by Freddie Mac since it began tracking such data in 1971. “Mortgage rates continue to slowly drift downward, with a distinct possibility that the average 30-year fixed-rate mortgage......

Mortgage rates hit (another) all-time low
Mortgage rates have slipped even deeper into record territory and may fall more, possibly even under 3%, before the year's end as the economy navigates the effects of the coronavirus......

Arch MI does its first insurance-linked noted deal of 2020
...the mortgaged property. ● The performance of the U.S. economy and housing market; and poor servicing, error on the part of transaction parties, inadequ......

Best jumbo money market rates for July 2020
...who have a jumbo money market account need to be aware of FDIC limits and guidelines . The FDIC standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership...

Nonbank mortgage jobs increase as demand persists
Low mortgage rates drove payroll expansion for nondepository lenders and brokers, while also contributing to gains in overall employment, the latest estimates from the Bureau Labor Statistics......

Instant Reaction: Jobs, July 2, 2020
...the right direction is very encouraging nevertheless. The housing market is clearly in a V-shaped recovery and more home construction......

How the coronavirus created a historic housing market in Syracuse
...economic shutdown have created in the Syracuse, N.Y., area the hottest housing market in recent history, agents say. Buyers are lining up down the street to get into showings. They are offering......

Manhattan home sales fall most on record in locked-down quarter
Manhattan home sales plunged the most on record in the second quarter, while New York was shut down to prevent the spread of COVID-19. Purchases of co-ops and condos in the borough......

Mortgage Rates Set A New Record Low Amid Virus Resurgence
Mortgage rates hit a new record low heading into the holiday weekend as a resurgence of coronavirus cases prompted investors to rush to the relative safety of the bond markets. ......

NAR’s Volunteering Works Program Announces 2020 Mentoring and Grant Recipients
...a member of the Good Neighbor Society, comprised of past recipients of NAR’s annual Good Neighbor Awards for volunteer service. “It is truly remarkable that the Realtors® being recognized......

Is the stock market closed July 4th?
...on Sept. 7. House hunting hurdles: COVID hasn't stopped the housing market, but good luck finding a home you can afford A dream home, a vintage school bus and......

6 best ways to insure excess deposits
...whether all of your money is protected. The Federal Deposit Insurance Corp. (FDIC) insures deposits up to $250,000 per depositor, per FDIC-insured bank, per account ownership category. If your......

Mortgage rates at new low, likely to fall further
Mortgage rates reached their lowest level this week since Freddie Mac began its Primary Mortgage Market Survey in 1971, but they might not have yet gotten to their floor. "Mortgage rates......

Stocks rally on strong jobs gain, heading for weeklong sweep
...reopen after COVID-19 shutdowns House hunting hurdles: COVID hasn't stopped the housing market, but good luck finding a home you can afford Investors hope the economy can pull out of its......

Brixton Capital Acquires United Apartment Group
...noted the transaction will increase Brixton Capital’s foothold in the necessity housing market while also continuing the same high level of service and leadership that UAG clients always had......

Columbus homes selling fastest in the U.S.
...sold in a median of six days. Zillow based the figures on home sales during the second week of June. Nationally, homes that sold that week had been active for 22 days before going into contract......

1.4M Americans filed jobless claims in 15 weeks
...story... House hunting hurdles: COVID hasn't stopped the housing market, but good luck finding a home you can afford COVID-19 relief...