Here's what you need to know this week
Mortgage News - August 13, 2020 | | Why bad economic news can mean lower mortgage rates | | While many have held out hope for a swift return to normal, signs of a long, slow economic recovery were prevalent this week. These indicators may lead to uncertainty in the markets, which often has the effect of driving mortgage rates down. | | | | | |
| Homebuyer confidence drops, but demand remains high | | Homebuyer sentiment dipped in July, reversing earlier gains. Still, the demand for new homes appears to be steady. Read more | | | Forbearance rates are down, for now | | The number of loans in forbearance decreased by about 100,000 last week, but a new wave may be on the way. Read more | | | Better.com ranked top 10% on Inc. 5000 fastest-growing companies list | | The Inc. 5000, an annual list of the fastest growing private companies in America, awarded Better.com the rank of 359. 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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