Millions of homeowners are now in forbearance, essentially pausing their monthly mortgage payments … [+] due to COVID-19. Getty More than 3.4 million American mortgage borrowers are now in forbearance—essentially hitting the pause button on their monthly payments for the foreseeable future. According to the latest data from financial data firm Black Knight, that’s up
Mortgage rates are near all-time lows, but don’t expect to qualify for them without near-perfect … [+] credit. Getty Mortgage rates are still hovering near record lows. According to Freddie Mac, the average rate on a 30-year, fixed-rate mortgage was a mere 3.33% last week—just barely above the record-setting 3.29% seen in early March. What’s
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Learn About Our Service: https://stellarquest.com/index.php/stellarquest-services/ In this video we talk about how COVID-19 (Corona Virus) has impacted the real estate market. Learn which price ranges have been effected most and what to expect in the marketplace. This pandemic has had a large economic impact, and we are here to help in any way we can!
Photo by Shutterstock.com In another mega partnership, APG, Canada Pension Plan Investment Board and ESR Cayman Limited Investments, have entered into a new joint venture, called ESR-KS II. Its goal is to invest in South Korean industrial assets. The JV, which has a total equity allocation of $1 billion, is considered one of the largest
Sales of both newly built and existing homes tanked in March, as potential buyers hunkered down and potential sellers pulled their homes from the market, both watching their economy in free fall from the coronavirus. Now, suddenly, buyer demand at least may be climbing back. Pending home sales — a measure of signed contracts, not closings —