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Foreclosures, vacant properties on the decline
About 1.6 million (1,556,592) residential properties in the United States, representing 1.6 percent of all homes, are vacant, according to ATTOM Data Solutions’ fourth-quarter 2020 Vacant Property and Zombie Foreclosure Report.
Tips for Secure Video Conferencing
Due to the COVID-19 pandemic and social distancing requirements, organizations pivoted to widescale remote work and online collaboration. Video conferencing emerged as a tool for business continuity and sustained social connection. However, these tools opened the door to increased cyberattacks.
How Much Further Could Record Low Mortgage Rates Fall?
Mortgage rates this week shattered a new record, falling to 2.81%—the lowest rate on the books, according to Freddie Mac’s Primary Market Survey.
We haven’t seen rates north of 3% on 30-year fixed mortgages since July 30, and they seem to have no bottom. As the economy continues to look shaky amid stalled stimulus talks, rising unemployment claims and lack of an approved coronavirus vaccine, many wonder how this will impact mortgage rates in the near-term and into 2021.
Generation Z’s Homebuying Behaviors
Those born after 1996 are entering the years in which many Americans begin shopping for homes, and despite the economic turmoil created by COVID-19, this Generation Z is beginning to buy, according to a LendingTree study that examines the most popular destinations for...
Largest Annual Home Price Growth Since 2018
Home prices during August recorded a 5.9% increase from one year earlier, according to CoreLogic’s latest Home Price Index (HPI) data report. This represents the highest annual growth on the HPI since June 2018.
SBA Approves Simple 1-Page PPP Forgiveness Application for Loans of $50,000 or Less
The new guidelines remove calculation requirements and simplify supporting-document rules.