One economist noted that housing is “ helping the economy in recovering” from the recession with residential construction rebounding. The post U.S. Economy Adds 2.5M Jobs in May appeared first on theMReport.com.

Tim Rood, Head of Industry Relations for Situs AMC, spoke with MReport on affordability in the current market and the Fed is doing to ensure rates remain low during the pandemic. This feature originally appeared in the June issue of MReport. The post Housing in 2020 Had ‘So Much Momentum’ appeared first on theMReport.com.

Just three states reported volumes of more than 10% below last year’s numbers. Click through to read more. The post Purchase Rate Nearing Pre-Pandemic Levels appeared first on theMReport.com.

The new mortgagee letter recognizes borrowers impacted by COVID-19 that met all requirements set forth by the Administration before the pandemic. The post FHA Reverses Current Policy on Mortgages in Forbearance appeared first on theMReport.com.

Forecasts show signs of recovery in April with strengthening possible in May. Home prices, however, hit a new all-time high. The post Housing ‘Likely’ Hit Low Point appeared first on theMReport.com.

Faced with uncertainty, a new report identified how black homeowners were more likely to miss or defer mortgage payments in May. The post Who’s Falling Behind on Mortgage Payments? appeared first on theMReport.com.

However, the time to close on all loans rose due to increased volumes for lenders. The post Millennial Refinances Hit All-Time High appeared first on theMReport.com.

HUD’s Deputy Secretary The Hon. Brian D. Montgomery was one of the many industry leaders discussing natural disasters and responses during Five Star’s Virtual Disaster Preparedness Symposium. The post Commissioner Montgomery: Preparation, Mitigation Occur Before Disasters appeared first on theMReport.com.