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Mortgages: Forbearance Rates Drop While Applications Increase, But Lending Requirements Tightening

USA Real Estate News-RISMedia - 11 hours 7 min ago

The latest updates from the Mortgage Bankers Association show low interest rates are incentivizing buyers to apply. Mortgage applications are up for the week ending July 3, and as some states return back to some type of normalcy, forbearance rates continue to decline. However, for some, mortgages may not come so easily. In June, mortgage credit availability decreased, signaling that lending standards are tightening.

Supreme Court will hear case on Federal Housing Finance Agency

USA Real Estate News-Inman - Fri, 2020-07-10 15:09
The United States Supreme Court, which begins its next session in October, will determine if the structure of the Federal Housing Finance Agency is constitutional.
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