Here's what you need to know this week
| June 25, 2020 | | | Mortgage News | | | Here's a look at the latest developments in mortgages, homeownership, and beyond. | | | |
| | Low prices in certain markets create a unique opportunity for young homebuyers | | | For years, skyrocketing home prices in major urban areas have presented a significant obstacle for younger, less financially established first-time homebuyers. It's one reason that the median age of all homebuyers has risen from early thirties to late forties over the past few decades. But COVID-19's impact on both the housing market and the cost of obtaining a mortgage could usher in a new wave of young homeowners. | | | | | | |
| | Government sponsored stimulus continues to support economic rebound | | | The extraordinary amount of fiscal and monetary stimulus that both Congress and the Fed have put into the economy has already started to spur economic growth. Read more. | | |
| | New infographic shows rise in LGBT homeownership | | | Historically, the LGBT community has faced an uphill battle when it comes to housing, but homeownership numbers are on the rise. Thanks to key social justice reforms and innovations in lending, more LGBT house hunters are able to find a place they call home. See it here. | | |
| | More on Mortgages | | | | | | For more on homebuying, homeownership, and how mortgages work, visit our resource center any time. | | | | | Questions about your mortgage application? Let's talk.
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