Lending

Black Knight: Mortgage forbearances finish February with weekly increase
Black Knight: Mortgage forbearances finish February with weekly increase

The increase follows a decline earlier in February that cut the number of homeowners in forbearance plans to less than 2.7 million, the first dip below that threshold since April 2020.

Mortgage delinquency rates higher than 2019, but dropping
Mortgage delinquency rates higher than 2019, but dropping

“The consistent decline in serious delinquency since August is a sign of growing financial stability for families,” said Frank Martell, president and CEO of CoreLogic.

Vacation home sales skyrocketing
Vacation home sales skyrocketing

The trend of purchasing a second home has sent home prices in seasonal towns skyrocketing in value by 19% for the year ending December 2020.

Guaranteed Rate Super Bowl ad inspires positivity
Guaranteed Rate Super Bowl ad inspires positivity

The ad is part of their national brand campaign, Believe You Will, which encourages the power of positive thinking and believing you can accomplish your goals.

Loan limit boost of 7.4% good for Atlanta buyers
Loan limit boost of 7.4% good for Atlanta buyers

This means homebuyers will be able to borrow up to the new level without triggering higher interest rates.

Holly Walther, Branch Manager and Senior Loan Officer, The Holly Walther Lending Team Powered By Success Mortgage Partners
Holly Walther, Branch Manager and Senior Loan Officer, The Holly Walther Lending Team Powered By Success Mortgage Partners

“Buying a home, for most people, is the biggest financial decision of their lives. I am honored and humbled every single time someone trusts me to guide them through this milestone.” — Holly Walther, The Holly Walther Lending Team

Purchase applications in Georgia beat out last year’s numbers
Purchase applications in Georgia beat out last year’s numbers

Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly.

Will COVID-19 push appraisals toward automation?
Will COVID-19 push appraisals toward automation?

Both the way appraisers approach their work and the adoption of AVMs and other technology-based valuations will likely see major changes in the coming years, according to experts.

Will forbearance backfire? What to tell clients about their options
Will forbearance backfire? What to tell clients about their options

Some homeowners worry that, after a few months of forbearance, they’ll be required to pay everything they owe upfront, in one lump sum.

Georgia one of six states with no dispensation on evictions
Georgia one of six states with no dispensation on evictions

A new Marcus & Millichap report calls on multifamily owners and operators to implement a 90-day moratorium on evictions.

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