Here's what you need to know this week
| July 30, 2020 | | | Mortgage News | | | Here's a look at the latest developments in mortgages, homeownership, and beyond. | | | |
| | Housing market growth soars, while broader economic recovery lags | | | A confluence of factors, including pent-up demand after nationwide lockdowns, a new wave of millennial homebuyers, and a desire to own real assets as the financial markets continue to be unpredictable, have contributed to the housing market's relatively quick rebound. | | | | | | |
| | Housing affordability has improved, but the future is uncertain | | | Record-low mortgage rates have opened up access to homeownership for lower-income Americans, but more than 75% of house hunters still find themselves priced out. Read more | | |
| | Homeownership just hit its highest level since 2008 | | | The U.S. homeownership rate leapt to 67.9% in the second quarter of 2020, reaching a 13-year high. Read more | | |
| | 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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