housing market

Jay Parker, Mike Pappas and Beth Butler

SoFla brokerage execs optimistic, say deals are still closing

The real estate industry is bracing for a rough second quarter, but top South Florida brokerage executives are optimistic,...

SoFla brokerage execs optimistic, say deals are still closing
Angel Oak Cos. CEO Michael Fierman and Flagstar Bancorp Inc. CEO Alessandro DiNello (Credit: Angel Oak, Flagstar, iStock)

Mortgage market dries up for unconventional home loans

Unless the government’s backstopping the risk, unconventional homes loans are drying up. Borrowers that don’t qualify for traditional mortgages...

Mortgage market dries up for unconventional home loans
Bernie Sanders (Credit: Getty Images)

Bernie Sanders throws support behind New York rent-suspension bill

Presidential candidate Bernie Sanders has thrown his weight behind Sen. Michael Gianaris’ rent-suspension bill. “Along with pausing mortgage payments,...

Bernie Sanders throws support behind New York rent-suspension bill
The 30-year fixed rate dropped to 3.5 percent this week (Credit: iStock)

Mortgage rates fall, but who’s buying?

The coronavirus pandemic has slammed the residential market and left homeowners wondering if they’ll be able to make their payments, but at least rates are down, right? The average rate for a 30-year fixed...

Mortgage rates fall, but who’s buying?
Real estate brokers across the country have been adding standardized coronavirus-related legal language and addendums to help buyers manage risk.

The coronavirus clause is now a thing in resi deals

Less than a month ago, a “coronavirus clause” in a condo deal was a rare curiosity. But now such...

The coronavirus clause is now a thing in resi deals
FHFA Director Mark Calabria (Photo by Zach Gibson/Getty Images)

Fannie, Freddie offer multifamily landlords a break — strings attached

Some relief from the federal government is on the way for multifamily landlords, but it comes with strings attached....

Fannie, Freddie offer multifamily landlords a break — strings attached
Lennar says homes are still selling despite coronavirus

Lennar says homes are still selling despite coronavirus

The novel Coronavirus is a “circuit breaker” that will have profound implications on the market, but with low interest...

Lennar says homes are still selling despite coronavirus
U.S. housing starts and permits are up from last year, but experts say the coronavirus could hit construction hard. (Credit: iStock)

Housing starts were up in February. But it’s about to get rocky

U.S. home builders started more projects in February compared to the same time last year, new data shows. But...

Housing starts were up in February. But it’s about to get rocky
Here’s what the Fed’s actions mean for the housing market

Here’s what the Fed’s actions mean for the housing market

To contain the economic fallout of the coronavirus, the Federal Reserve announced Sunday afternoon it cut its benchmark interest...

Here’s what the Fed’s actions mean for the housing market
Homeowners are rushing to refinance their homes as mortgage rates sink amid coronavirus concerns (Credit: iStock)

Coronavirus spurs refinancing spree as rates sink to 50-year lows

Homeowners are rushing to refinance amid historically low mortgage rates. The volume of refinance applications grew 79 percent in...

Coronavirus spurs refinancing spree as rates sink to 50-year lows
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